Friday, December 8, 2017
Statistics understanding why average can be misleading
Franklin Leonard responded to press secretary to explain statistics in layman's term. He say if 10 apples are given to 1 person, on average every one has an apple yet 9 people will be mad because the wealth, in this case apple is unevenly distributed.
This does not have to be political. Often average or mean is not the only summary statistics reported. Median, variance, distribution are all helpful and present for good reasons.
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