Re:Hospital prices are about to go public in the U.S.
by lovemenot on Thursday December 27, 2018 @04:32AM
(#18768520)
Just looking at your first sentence. I assume you meant median, not media since that is what your parent was talking about.
Median actually does a better job of including the poor than does mean. The reason is that median counts the number of affected people, whereas mean counts the amount of spending. Clearly the latter skews more towards the rich, for whom spending may approach infinity.
Median actually does a better job of including the poor than does mean. The reason is that median counts the number of affected people, whereas mean counts the amount of spending. Clearly the latter skews more towards the rich, for whom spending may approach infinity.