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“Median” doesn’t tell you anything about outliers, so I don’t see how that relates to my post...
by weberc2 8y ago
“Median” doesn’t tell you anything about outliers, so I don’t see how that relates to my post...
- jdavis703 8y agoThe average numbers are $900,000 for whites and $140,000 for blacks. Averages are more effected by outliers, so read in to this what you will. Never the less I’m not sure what outliers has to do with people being in the middle class. Also if you want to look at the wealthiest 1% as outliers, only 3% of these outliers are black [0] 0: https://www.nytimes.com/2012/01/15/business/the-1-percent-paint-a-more-nuanced-portrait-of-the-rich.html?smid=nytcore-ios-share https://www.nytimes.com/2012/01/15/business/the-1-percent-pa...
- weberc2 8y agoI was responding to the claim that black people who escape poverty are outliers. I used "middle class" as an approximation for "escaping poverty".