[LINK] Aussies rolling in dough, figures show
eric.scheid at ironclad.net.au
Thu Oct 19 13:28:37 AEST 2006
On 19/10/06 12:03 PM, "Martin Barry" <marty at supine.com> wrote:
>> The total wealth of Australians is up from $6,900 billion in the March
>> quarter, which equated to $337,049 a head.
> how are these figures in any way meaningful to the "average" australian?
I would be more interested in the knowing the median and the mode, the mean
is pretty meaningless. Any student of statistics would know that.
(aside: I organised and run a conference 20 days ago on Information
Architecture, and one of the sessions was on making better use of statistics
in web design. Not as snoreworthy as one might think, especially his
denunciations of the abuse of statistics. Opened many eyes that day.)
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