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> Yes, I understand that wealth is not income, but in Ukraine there are plenty of oligarchs worth multi-billion sums. Dividing that wealth over whole Ukraine po
by gridlockd 7y ago
> Yes, I understand that wealth is not income, but in Ukraine there are plenty of oligarchs worth multi-billion sums. Dividing that wealth over whole Ukraine population is definitely more than 40$ per person.
That's the arithmetic mean, not the median. The median is computed by sorting all the values from low to high and then picking the middle one. That's why it's a better measure for ordinary people. The few outliers at the top are not factored in.
- trymas 7y agoAh. Indeed. My error and feeling dumb for this mistake. Dunno why I always mix mean and median.. (clearly English is not my first language).