I would bet the average is still small, like 2. It is true that big numbers weigh heavy on calculations of mean, but the big numbers here are not ginormous, they’re 100x the small numbers, not 100000x (i.e., we’re not talking wealth statistics). I’d place a large wager on the average being in the 1-3 range based on the data presented
I would bet the average is still small, like 2. It is true that big numbers weigh heavy on calculations of mean, but the big numbers here are not ginormous, they’re 100x the small numbers, not 100000x (i.e., we’re not talking wealth statistics). I’d place a large wager on the average being in the 1-3 range based on the data presented