| ▲ | etchalon 3 hours ago | |
I agree that the very term "averages" implies "an average". | ||
| ▲ | bumby 3 hours ago | parent [-] | |
It’s the second time you’ve had a snarky reply so I can’t tell if you’re having a good faith conversation. The average wealth between me and Elon is several hundred billion dollars. That gives you very little information about me. Which is why people can hang too much inference on a simple average. Like Nate Silver said in The Signal and The Noise, the real discussion for the data literate is about uncertainty in models, not just drawing conclusions from “averages” | ||