This cracks me up because it is often said with such confidence, but it is just wrong.
If you have 10 people, 8 have an intelligence score of 1, 1 has a score of 5 and 1 has a score of 10. The average is 2.3 which means that 80% of the people are below average.
The median is the only thing that is going to guarantee 50%.
This cracks me up because it is often said with such confidence, but it is just wrong.
If you have 10 people, 8 have an intelligence score of 1, 1 has a score of 5 and 1 has a score of 10. The average is 2.3 which means that 80% of the people are below average.
The median is the only thing that is going to guarantee 50%.
On a bell curve the average and mean are the same. Your example isn’t a bell curve. Many things will be a bell curve.
People who don’t know that average can be mean, median or mode depending on the context crack me up.
Average is the mean, not median or mode. This doesn’t change on context. Average is always mean.
Just like the average person
Yes, that statement is made under the assumption of large sample sizes (where the central limit theorem applies)