raghu wrote:
Median means squat in this context... 1000 households with x
dollars and
one millionaire with x times 10,000 dollars and the median is...?
The median is exactly x dollars.... That is the whole point of looking
at medians instead of arithmetic averages. By definition 50% of the
population is above median.
-raghu.
Then it means that 1/2 of Americans that DO have retirement funds have a median of $35,000. If so, it still means squat. Leigh http://leighm.net/
