Data & ProbabilityStatistics
When the Average Lies
A billionaire walks into a bar and everyone gets rich on average
A billionaire walks into a bar, and on paper every customer just became a multimillionaire. Whose number lied?
You'll find out
- How one guest can move an average
- The number a billionaire can't budge
- Why you have more legs than average
Why it matters
Pay, prices, grades, reviews: averages are everywhere. Knowing when one misleads stops a true number from fooling you.
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