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>> No.8762178 [View]
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8762178

>>8762144
>So does that mean that median is always better than mean? Is there a specific type of data where mean is better? maybe mean is easier computationally?
Consider a country where 99% of people make 100 dollars a year and 1% makes 10000000 dollars a year. Which one gives more realistic information about the wealth distribution in that country? If the differences are enormous, then go with the median.

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