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Participant[quote=AN]CONCHO, I agree that median and average have their flaws. However, if you think it’s nearly worthless, then do you have a suggestion of something better that allow us to do our own data mining including historical data? I take median and average data over anecdotal any day of the week. Or, are you saying since median, average, and anecdotal are all nearly worthless, so there’s no point in discussing about it?[/quote]
Yeah, you can’t make any assumptions based on mean. For example, here are two populations:
Population A: 100,000 people earning between 25,000 and 75,000 a year, with a perfect normal distribution. Mean income 50,000.
Population B: 100,000 people, 99,000 of whom earn 10,000 a year and 1,000 who earn 10,000,000 a year.
Population A has a single-mode income distribution, population B has a dual-mode income distribution. Population B has a much higher standard deviation of income than population A.
Gross income of Population A: 5,000,000,000
Gross income of Population B: 10,990,000,000Average income of Population A: 50,000/year
Average income of Population B: 109,900/yearLooking at only average and gross income, it appears that population B is much more prosperous than population A. Which would you rather live in? Based on average income, you’d choose population B of course. However if you knew that population B had an extreme bimodal income distribution, you’d pick population A. Perhaps this is why our media and government love to tell us averages but never provide standard deviation.
Standard deviation is so handy because it is a single number that gives us an instant insight into the type of distribution we’re looking at. It doesn’t require the reader to parse a huge table of figures or mounds of data; instead it is a clever distillation that is almost as easy to calculate as the average. There’s really no reason not to include it in a statistical study other than ignorance or deliberate obfuscation in order to mislead the reader.
In the absence of data about the underlying distribution, it is preferable not to make any assumptions about the data since you are likely to be wrong.
As Spock would say, “Insufficient data, captain.”
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ParticipantMedian or average statistics are nearly worthless without some characterization of the data distribution, at a bare minimum the standard deviation.
I’m not sure what is more disturbing, the fact that the media constantly reports average statistics with no distribution information whatsoever, or that boards like this are full of scores of posts from highly educated professionals attempting to interpret these basically meaningless numbers.
In countries with large wealth and income disparities, the “Median Household” is a rare creature indeed.
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ParticipantMedian or average statistics are nearly worthless without some characterization of the data distribution, at a bare minimum the standard deviation.
I’m not sure what is more disturbing, the fact that the media constantly reports average statistics with no distribution information whatsoever, or that boards like this are full of scores of posts from highly educated professionals attempting to interpret these basically meaningless numbers.
In countries with large wealth and income disparities, the “Median Household” is a rare creature indeed.
blahblahblah
ParticipantMedian or average statistics are nearly worthless without some characterization of the data distribution, at a bare minimum the standard deviation.
I’m not sure what is more disturbing, the fact that the media constantly reports average statistics with no distribution information whatsoever, or that boards like this are full of scores of posts from highly educated professionals attempting to interpret these basically meaningless numbers.
In countries with large wealth and income disparities, the “Median Household” is a rare creature indeed.
blahblahblah
ParticipantMedian or average statistics are nearly worthless without some characterization of the data distribution, at a bare minimum the standard deviation.
I’m not sure what is more disturbing, the fact that the media constantly reports average statistics with no distribution information whatsoever, or that boards like this are full of scores of posts from highly educated professionals attempting to interpret these basically meaningless numbers.
In countries with large wealth and income disparities, the “Median Household” is a rare creature indeed.
blahblahblah
ParticipantMedian or average statistics are nearly worthless without some characterization of the data distribution, at a bare minimum the standard deviation.
I’m not sure what is more disturbing, the fact that the media constantly reports average statistics with no distribution information whatsoever, or that boards like this are full of scores of posts from highly educated professionals attempting to interpret these basically meaningless numbers.
In countries with large wealth and income disparities, the “Median Household” is a rare creature indeed.
February 4, 2011 at 2:50 PM in reply to: OT: LOL… All you folks that are trying to eat organic from places like Whole Foods…. #662797blahblahblah
Participant[quote=davelj]
I’m no expert on this by a long shot… but are you suggesting that going all-organic would increase crop yields around the globe? In other words, if we abandoned GMO, fertilizers, etc. – all of the “bad” stuff – would the resulting yields not decline on an aggregate basis?[/quote]There are scores of different crops in scores of different types of farms around the world. High-tech solutions will probably work well in certain environments, not so well in others. Seems like the high-tech stuff isn’t working well in India for whatever reason. There’s not going to be any one answer on how to feed 7 billion people, if it’s even possible at all.
February 4, 2011 at 2:50 PM in reply to: OT: LOL… All you folks that are trying to eat organic from places like Whole Foods…. #662859blahblahblah
Participant[quote=davelj]
I’m no expert on this by a long shot… but are you suggesting that going all-organic would increase crop yields around the globe? In other words, if we abandoned GMO, fertilizers, etc. – all of the “bad” stuff – would the resulting yields not decline on an aggregate basis?[/quote]There are scores of different crops in scores of different types of farms around the world. High-tech solutions will probably work well in certain environments, not so well in others. Seems like the high-tech stuff isn’t working well in India for whatever reason. There’s not going to be any one answer on how to feed 7 billion people, if it’s even possible at all.
February 4, 2011 at 2:50 PM in reply to: OT: LOL… All you folks that are trying to eat organic from places like Whole Foods…. #663462blahblahblah
Participant[quote=davelj]
I’m no expert on this by a long shot… but are you suggesting that going all-organic would increase crop yields around the globe? In other words, if we abandoned GMO, fertilizers, etc. – all of the “bad” stuff – would the resulting yields not decline on an aggregate basis?[/quote]There are scores of different crops in scores of different types of farms around the world. High-tech solutions will probably work well in certain environments, not so well in others. Seems like the high-tech stuff isn’t working well in India for whatever reason. There’s not going to be any one answer on how to feed 7 billion people, if it’s even possible at all.
February 4, 2011 at 2:50 PM in reply to: OT: LOL… All you folks that are trying to eat organic from places like Whole Foods…. #663599blahblahblah
Participant[quote=davelj]
I’m no expert on this by a long shot… but are you suggesting that going all-organic would increase crop yields around the globe? In other words, if we abandoned GMO, fertilizers, etc. – all of the “bad” stuff – would the resulting yields not decline on an aggregate basis?[/quote]There are scores of different crops in scores of different types of farms around the world. High-tech solutions will probably work well in certain environments, not so well in others. Seems like the high-tech stuff isn’t working well in India for whatever reason. There’s not going to be any one answer on how to feed 7 billion people, if it’s even possible at all.
February 4, 2011 at 2:50 PM in reply to: OT: LOL… All you folks that are trying to eat organic from places like Whole Foods…. #663937blahblahblah
Participant[quote=davelj]
I’m no expert on this by a long shot… but are you suggesting that going all-organic would increase crop yields around the globe? In other words, if we abandoned GMO, fertilizers, etc. – all of the “bad” stuff – would the resulting yields not decline on an aggregate basis?[/quote]There are scores of different crops in scores of different types of farms around the world. High-tech solutions will probably work well in certain environments, not so well in others. Seems like the high-tech stuff isn’t working well in India for whatever reason. There’s not going to be any one answer on how to feed 7 billion people, if it’s even possible at all.
February 4, 2011 at 1:19 PM in reply to: OT: LOL… All you folks that are trying to eat organic from places like Whole Foods…. #662732blahblahblah
Participant[quote=davelj]
[That is, I’m assuming that the genetic modification increases yields in some way, shape or form… which means more food… which means less starvation and/or more inexpensive food. Where you stand depends upon where you sit. Again, I have little doubt that folks starving in Africa are up in arms about “Frankenfood” – anything with “food” in it will be an improvement.][/quote]In India, a country no stranger to hunger, farmers have been committing suicide en masse because their farms and livelihoods have been destroyed after switching to GMO crops. Tens of thousands of Indian farmers have killed themselves so far after falling into debts brought on by poor-yielding GMO seeds that must be repurchased each planting season. Prince Charles has been working to bring this horrific situation into the public eye for years, but to little effect in the USA, apparently.
As a side note, Prince Charles has long championed sustainable and organic agriculture practices and even tends his own organic garden.
February 4, 2011 at 1:19 PM in reply to: OT: LOL… All you folks that are trying to eat organic from places like Whole Foods…. #662794blahblahblah
Participant[quote=davelj]
[That is, I’m assuming that the genetic modification increases yields in some way, shape or form… which means more food… which means less starvation and/or more inexpensive food. Where you stand depends upon where you sit. Again, I have little doubt that folks starving in Africa are up in arms about “Frankenfood” – anything with “food” in it will be an improvement.][/quote]In India, a country no stranger to hunger, farmers have been committing suicide en masse because their farms and livelihoods have been destroyed after switching to GMO crops. Tens of thousands of Indian farmers have killed themselves so far after falling into debts brought on by poor-yielding GMO seeds that must be repurchased each planting season. Prince Charles has been working to bring this horrific situation into the public eye for years, but to little effect in the USA, apparently.
As a side note, Prince Charles has long championed sustainable and organic agriculture practices and even tends his own organic garden.
February 4, 2011 at 1:19 PM in reply to: OT: LOL… All you folks that are trying to eat organic from places like Whole Foods…. #663398blahblahblah
Participant[quote=davelj]
[That is, I’m assuming that the genetic modification increases yields in some way, shape or form… which means more food… which means less starvation and/or more inexpensive food. Where you stand depends upon where you sit. Again, I have little doubt that folks starving in Africa are up in arms about “Frankenfood” – anything with “food” in it will be an improvement.][/quote]In India, a country no stranger to hunger, farmers have been committing suicide en masse because their farms and livelihoods have been destroyed after switching to GMO crops. Tens of thousands of Indian farmers have killed themselves so far after falling into debts brought on by poor-yielding GMO seeds that must be repurchased each planting season. Prince Charles has been working to bring this horrific situation into the public eye for years, but to little effect in the USA, apparently.
As a side note, Prince Charles has long championed sustainable and organic agriculture practices and even tends his own organic garden.
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