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Averages in this case are meaningless. The distribution matters more than the average. Never cross a river that is "on average 4 feet deep".
by davinic 7y ago
Averages in this case are meaningless. The distribution matters more than the average.
Never cross a river that is "on average 4 feet deep".
- pcwalton 7y agoBoth matter. California has a high Gini coefficient (as does the US in general). That's a problem, and one we need to fix. But it's counterbalanced to an extent by high GDP.