I was looking up the average networth of 30 year olds in the United States and it said: “The average net worth is $122,000 and the median net worth is $35,112” my brain is too smooth please help.
In: 8
think of it as heights, if you line up 20 people.
Average is if you add everything up, the “actual middle number”
But THE PERSON MIGHT NOT EXIST. and it can easily be skewed if there is 8 super tall people in the group.
Median is lining everyone up, and picking literally the middle guy. while he might not be actual average height, theres a very likely chance hes actually “average” ofc, it can also be skewed if your group only has midgets and giants.
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