$26,000 is the average, that means that half spend more, some a lot more.
Back to 6th grade math, Msgr. "Average" means the arithmetic mean ... total up and divide by the number of items. That gives no information about the distribution. If it were the median, that would mean half more, half less.
10 posted on 08/13/2012 2:16:02 PM PDT by Tax-chick
("You're screwed, losers. Steyn 2012!")
Back to 6th grade math, Msgr. "Average" means the arithmetic mean ... total up and divide by the number of items. That gives no information about the distribution. If it were the median, that would mean half more, half less.