Skewed Data from Massive Inequality in the US

Skewed Data from Massive Inequality in the US May 14, 2019

Here is something well worth knowing. What many people do with America is take averages, say of income, earnings etc. However, this skews data. Because the US has the highest inequality, and the rich are super fricking rich, those super super rich raise the average considerably to make the average look okay, but, in reality, they are a tiny minority that disproportionately affect the figures. Here is an infographic which does a great job of explaining this (source for this now lost due to a now-defunct link). This is a repost from the original ATP link to to the inability to edit older articles, much to my disdain:

 

 

This one’s for you, C Peterson!

 

From Visually.


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