3 ms·
Median and average are not good representations of a distribution.
by throwaway12iii 8y ago
Median and average are not good representations of a distribution.
- mtgx 8y agoAlso even media leaves out the poor who can't afford expensive procedures. It's why Obamacare is ultimately doomed to fail too.
- lovemenot 8y agoJust looking at your first sentence. I assume you meant median, not media since that is what your parent was talking about. Median actually does a better job of including the poor than does mean. The reason is that median counts the number of affected people, whereas mean counts the amount of spending. Clearly the latter skews more towards the rich, for whom spending may approach infinity.