This is an update on my previous post, analyses,
and data from the Forbes 400 "The Richest People
in the U.S." website. To be on this list one had
to have a net worth of at least $1.30 billion (in
order to keep the list to "400"; other lists on
the website provide info on all billionaire
"In summary, what can one say about the richest 400minus2 people in the U.S.?"
I can say that the probability of a person living in the US being one of them
is approximately 0.013 so you might not want to choose your educational
goals based on your dream of becoming one of them.
Rick
Dr. R
Another way to express the issue is that your chances of being
one of the 400 richest billionaires are slightly less than
playing in the NBA.
Ken
Rick Froman wrote:
"In summary, what can one say about the richest 400minus2
people in the U.S.?"
I can say that the probability of a person li
Hi
First, thanks to Mike for taking the time to track down this
information. Just a couple of points ... I've reordered relevant parts
of Mike's posting (prefaces by MP:) before my comments (prefaced by
JC:). [apologies if this is duplicate or triplicate or ... I've had to
send it a number of tim
I apologize for not having time to write dissertation type
responses so I will be brief.
[snip]
> MP:
> Note that 4.5% of this group have doctorates. In
> previous posts on this topic, estimates of the
> percentage in the general population were calculated
> using the Census* Community Survey d
