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To: Salgak

Ok, you fit the median. How about some of the figures you see in the OWS placards that were in the news a year or two ago? In the $50K plus region easily.

What the author should have posted is a graphic that shows the data he examined (and asserts therefrom the median is close to ‘average’) is the shape of his data distribution.

For a reader to take ‘average’ from median, the curve would likely have to be bell shaped (Gaussian).


5 posted on 07/08/2013 6:08:39 AM PDT by Gaffer
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To: Gaffer

I think of THAT as Evolution in Action (evil grin)


6 posted on 07/08/2013 6:33:46 AM PDT by Salgak (http://catalogoftehburningstoopid.blogspot.com 100% all-natural snark !)
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To: Gaffer

When anyone states that a “given” figure for the MEDIAN student debt, that figure includes student loans by the thousands that are 4 or 5 payments from payoff.
I think the looming disaster faces the NEWER debtors, those who took huge loans to finance ever RISING out of control college tuitions. Also seduced into field of study that NEVER had employment opportunities available on graduation.
No jobs, no chances, no income, no hope...a perfect combination of ingredients for a social explosion.
It is not going to be pretty.


8 posted on 07/08/2013 6:45:09 AM PDT by CaptainAmiigaf (NY TIMES: "We print the news as it fits our views")
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