Comment on Why do we use average instead of mode?
jbrains@sh.itjust.works 11 months agoNow I understand better how you’re thinking. Indeed, the notion of “what the average person has” is answered better by the median, but the notion of “What’s most typical” is answered by the mode.
fastandcurious@lemmy.world 11 months ago
Actually I think that the notion ‘what the average person has’ is bettered answered by mode, I feel like mean is better for kind of plotting a data or points to find a ‘trend’ or something like that, I am hella confused now actually
jbrains@sh.itjust.works 11 months ago
The mode can’t hope to answer how much money the average person has, because there are far too many possible values.
The mean answers how much money people have on average, but the outliers exert too much influence to answer how much money the average person has.
The median moderates the influence of both the very rich and the very poor, so it better approximates the amount of money that those in the middle of the population have.