this post was submitted on 19 Sep 2024
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Microblog Memes

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A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.

Created as an evolution of White People Twitter and other tweet-capture subreddits.

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  1. Please put at least one word relevant to the post in the post title.
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  4. Posters are encouraged to link to the toot or tweet etc in the description of posts.

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[–] [email protected] 9 points 2 months ago (1 children)

I think you're conflating average and mean. When it comes to income average is typically median, which does include billionaires but wouldn't skew the data due to their inclusion.

[–] [email protected] 1 points 2 months ago (2 children)

Average and mean are the same thing (sum of everything divided by total number of things). Median is the middle number.

[–] [email protected] 16 points 2 months ago

Colloquially, average is the mean. Mathematically, average can be either mean, median, or mode.

[–] [email protected] 2 points 2 months ago

No, that's just the arithmetic mean. There a other often more appropriate means that can be used. Arithmetic mean is just the one most commonly taught.