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Andrew Rose on Substack
that the average return from a
Margaret Saponaro • Collection Management Basics (Library and Information Science Text Series)
Half the population was below average intelligence.
James S. A. Corey • Nemesis Games (The Expanse Book 5)
Simply by existing, high-net-worth executives like Gates and Buffett skew the average much higher than it would be otherwise. If you’re relying on the average to tell you how much the typical Wall Street Journal reader is worth, you’re making a mistake. Many forms of analysis rely on defining Typicality: identifying a normal or typical value for
... See moreJosh Kaufman • The Personal MBA: A World-Class Business Education in a Single Volume
Averages give us some information but not all the information we might need to understand a situation.
Albert Rutherford • Statistics for the Rest of Us: Mastering the Art of Understanding Data Without Math Skills (Advanced Thinking Skills Book 4)
somethingsimilar.com • Notes on Distributed Systems for Young Bloods – Something Similar
If one hundred people represented the world’s population, fifty-three of those would live on less than $2 a day. Do you realize that if you make $4,000 a month, you automatically make one hundred times more than the average person on this planet?
Preston M. Sprinkle • The Francis Chan Collection: Crazy Love, Forgotten God, Erasing Hell, and Multiply
If 50 construction workers are drinking at a bar and Bill Gates walks in as the poorest customer walks out, the mean wealth of the customers would