To explain the first panel alone, by removing the top ten earners from the data set, you’d move the median to.the lower end by 5 “slots”. I’m confident that there are more than 100 people in the USA who make between $65k and $75k (I know at least 25).
If they mean the average/mean, that still doesn’t add up. Assuming that the US population is about 350 million and that 350,000,000 - 10 ~= 350 million.
NGL, formatting the equations and walking then out step by step is a pain, esp on mobile, but the answer I came to is by multiplying the difference in mean values by the US Population , which yields $300,000,000,000 or about 10 billion once ev3nly distributed.
Elon Musk (2nd richest man in the world at time of writing) has a net worth of less than $5 billion rn, but the numbers here imply that the top earners in the US made at least 6x that amount.
Yeah, I def misread the original meme, but was too committed to the comment when I wanted to.double check somethings.
I use Voyager/WefWef or browsing Lemmy and (to the beat of my knowledge) don’t have a way to save draft comments while double checking the content I’m commenting on. I suppose I should probably make an edit addressing this…
Yeah, these numbers don’t make sense.
To explain the first panel alone, by removing the top ten earners from the data set, you’d move the median to.the lower end by 5 “slots”. I’m confident that there are more than 100 people in the USA who make between $65k and $75k (I know at least 25).
If they mean the average/mean, that still doesn’t add up. Assuming that the US population is about 350 million and that 350,000,000 - 10 ~= 350 million.
NGL, formatting the equations and walking then out step by step is a pain, esp on mobile, but the answer I came to is by multiplying the difference in mean values by the US Population , which yields $300,000,000,000 or about 10 billion once ev3nly distributed.
Elon Musk (2nd richest man in the world at time of writing) has a net worth of less than $5 billion rn, but the numbers here imply that the top earners in the US made at least 6x that amount.
TL;DR: I’mma need some sources on this.
Your slot argument only makes sense for median, when the picture is about means. I still think it’s off though.
Yeah, I def misread the original meme, but was too committed to the comment when I wanted to.double check somethings.
I use Voyager/WefWef or browsing Lemmy and (to the beat of my knowledge) don’t have a way to save draft comments while double checking the content I’m commenting on. I suppose I should probably make an edit addressing this…
Is that supposed to be a net annual income for Elon rather than a net worth? His net worth 270 billion.