“”Here's the number I used to win the lottery“ –Entrepreneurs giving advice”

Re:“”Here's the number I used to win the lottery“ –Entrepren... by dragonwriter on Saturday March 04, 2023 @08:08PM (#35026136)

> Converted to South African rand, it’s about 7.2 million.

> To put that in context, the average home price in South Africa is about a million rand. So at most they would have been able to buy 7 properties

That’s... not how averages work.

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Re:“”Here's the number I used to win the lottery“ –Entrepren... by dorkwood on Saturday March 04, 2023 @09:33PM (#35026448)

If a house costs a million rand, and you have 7 million, then you can buy 7 of them, right? What am I missing?

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Re:“”Here's the number I used to win the lottery“ –Entrepren... by dragonwriter on Saturday March 04, 2023 @09:34PM (#35026452)

If an average house costs a million rand, and you have 7 million rand, 7 properties is not the maximum you could buy.

(If the minimum price was a million rand, then 7 would be the maximum.)

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Re:“”Here's the number I used to win the lottery“ –Entrepren... by dorkwood on Saturday March 04, 2023 @10:16PM (#35026620)

Oh, I didn’t realise I wrote “at most”. You’re right, that was incorrect.

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