4 ms·
The mean helps put it in perspective, but the exponential distribution is perhaps more telling. If, say, 50% of the wealth is accounted for by 15% of the compan
by evincarofautumn 14y ago
The mean helps put it in perspective, but the exponential distribution is perhaps more telling. If, say, 50% of the wealth is accounted for by 15% of the companies, the mean doesn’t give you any intuition for how the game actually works.