Comment on Billionaire grindset

Aggravationstation@lemmynsfw.com ⁨1⁩ ⁨year⁩ ago

• dustyData@lemmy.world ⁨1⁩ ⁨year⁩ ago

  Only if the average is exactly equal to the median.

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  • starman2112@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

    Median is a form of average

    Average can mean mean, median, or mode

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    • ericisshort@lemmy.world ⁨1⁩ ⁨year⁩ ago

      No, a median isn’t a form of average, and neither is a mode. Both median and mode are mathematically distinct from an average, and only mean is definitively equivalent to average. When calculating the value of a mean, mode and median return the same number with normal distributions, but that doesn’t mean that a mode or median is in a type of average.

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      • starman2112@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

        Woah crazy wowee zoweeImage

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• TheGoldenGod@lemmy.world ⁨1⁩ ⁨year⁩ ago

  No, but if you compliment the dumb ones they will work harder for the same amount. Making average common makes business easier.

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• FlexibleToast@lemmy.world ⁨1⁩ ⁨year⁩ ago

  Median is a form of average.

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• AI_toothbrush@lemmy.zip ⁨1⁩ ⁨year⁩ ago

  Any percent can be above average(as long as its not 100%) if there are exteme outliers. For example the average us income is $60k while the median(the most common) is 30k. Source: i just googled it. But you get it.

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  • gnutrino@programming.dev ⁨1⁩ ⁨year⁩ ago

    Median isn’t most common, that would be mode. Median is the “middle” value i.e. the value that half of the population are above and half are below.

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• Poggervania@kbin.social ⁨1⁩ ⁨year⁩ ago

  Statisticians and smarter people, please correct me if I am wrong since my only experience is one statistics class in college, but this could be true if you have a lot of extreme outliers on the lower end than the upper end.

  Averages are just that - an average. If you have 1000 people and 750 of them have IQs below 60 and the rest have “normal” IQs, then your average will skew to the lower IQs. I would wager median and mode would be better for this kind of stuff.

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