Re:Nightline Interview with Steve Jobs (1981) [video]
by dyarosla on Sunday May 21, 2017 @12:14PM
(#14387897)
That graph is terrible and hard to decipher: from it alone I would not be able to say that there's any indication of a significant increase in real income for the poor.
Re:Nightline Interview with Steve Jobs (1981) [video]
by MarkMc on Sunday May 21, 2017 @01:54PM
(#14388283)
OK that's a fair point. But suppose instead I said, "the percentage of the population living on less than $50k per year in real terms has dropped by about a quarter since 1971". Does the graph support that statement?
Re:Nightline Interview with Steve Jobs (1981) [video]
by dyarosla on Monday May 22, 2017 @07:49AM
(#14392742)
If you do use the graph as reference, it is actually more like the percentage dropped by ~ 11.5% (this is by counting out the cumulative percentage represented by each bar)- which is not at all what you would eyeball it at. Like I said, really bad graph to showcase anything.
Re:Nightline Interview with Steve Jobs (1981) [video]
by MarkMc on Monday May 29, 2017 @08:21AM
(#14438729)
> 11.5%...which is not at all what you would eyeball it at.
I don't understand this point.
Here is the same graph with 3 areas shaded: http://imgur.com/a/xco37
It looks to me like Area A is about a quarter of area B and about an eighth of Area C. Isn't that about what most people would eyeball it at?
This video graph shows what I mean: https://twitter.com/conradhackett/status/857739376444493824