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A comment on Where our economy is, for the young. Parent comment

Re:Where our economy is, for the young by yndoendo on Friday October 02, 2020 @12:02PM (#24663981)
Say you calculate the median income for all spectators at a football game at $40,000. Suddenly Bill Gates walks in and the median skyrockets creating a false reality of what all others actually make. Median can often over-simply and create erroneous information.
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Re:Where our economy is, for the young by zxcmx on Friday October 02, 2020 @12:18PM (#24664152)
Maybe you're thinking of the mean? BG shouldn't shift the median much in the situation you described unless the income distribution is really weird.
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Re:Where our economy is, for the young by stripline on Friday October 02, 2020 @12:28PM (#24664258)
You are confusing median and mean.
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