I code in php@lemmy.ca to Memes@lemmy.ml · 27 days agoReal but funnylemmy.caimagemessage-square11fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1imageReal but funnylemmy.caI code in php@lemmy.ca to Memes@lemmy.ml · 27 days agomessage-square11fedilink
minus-squareAchyu@lemmy.sdf.orglinkfedilinkarrow-up0·27 days agoIs this the average of the total sum of income or the median income?
minus-squareI code in php@lemmy.caOPlinkfedilinkarrow-up0·27 days agoIt’s pretty clear in the title that’s an average
minus-squaredogsoahC@lemm.eelinkfedilinkarrow-up0·27 days ago“Average” can be an arithmetic mean, a median, a geometric mean, or even a mode.
minus-squareAchyu@lemmy.sdf.orglinkfedilinkarrow-up0·27 days agoYep. https://en.wikipedia.org/wiki/Average
minus-squareAchyu@lemmy.sdf.orglinkfedilinkarrow-up0·27 days agoOk. Isn’t that a pretty unreliable, without additional measure for income inequality?
minus-squareShortN0te@lemmy.mllinkfedilinkarrow-up0·27 days agoIt is adjusted for purchase power parity. Top right.
minus-squareAchyu@lemmy.sdf.orglinkfedilinkarrow-up0·27 days agoBut that only allows comparison between different countries The median or mode would also be needed to get the general view
Is this the average of the total sum of income or the median income?
It’s pretty clear in the title that’s an average
“Average” can be an arithmetic mean, a median, a geometric mean, or even a mode.
Really???
Yep.
https://en.wikipedia.org/wiki/Average
Ok. Isn’t that a pretty unreliable, without additional measure for income inequality?
It is adjusted for purchase power parity. Top right.
But that only allows comparison between different countries
The median or mode would also be needed to get the general view