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I feel like they should also release the median price with the average. There are a lot of very expensive luxury/performance cars out there.
by chasd00 1y ago
I feel like they should also release the median price with the average. There are a lot of very expensive luxury/performance cars out there.
- cma 1y agoGoogle is pretty terrible for this, treats median as a synonym for avsrage and entire first page of results is just copies of this story.
- lotsofpulp 1y agoAll news/public relations/research publications without details about the distribution of the data are clickbait. It would cost nothing to provide deciles, or even quintiles.
- jeffbee 1y agoThat still would not really clarify the main question, which is whether the average transaction price may be rising due to consumer shift, with those of less means choosing to not buy.
- pinkmuffinere 1y agoKindof a side-bar — In most cases i strongly prefer median, any dataset with outliers or that is skewed in some direction is usually better represented by the median. And in my experiences most real-world datasets do have one or both of those.