04-27-2024, 06:18 AM
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Senior Member
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Join Date: Feb 2020
Posts: 1,439
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Quote:
Originally Posted by makoti
If someplace has 7 millionaires, and 3 billionaires and 100 people in town, it has a higher # of millionaires per capita than someplace with 3 millionaires and 7 billionaires but 110 people. The latter has a higher average and mean, but a lower per capita.
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Quote:
Originally Posted by RoosterCogset
What if in the first scenario, the 7 millionaires have $999,999,999 each, and the billionaires have $10,000,000,000 each. And in the 2nd group, the 3 millionaires have $1,000,001 each, and the 7 billionaires each have $1,000,000,001 ?
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Quote:
Originally Posted by windsurfer
Huh?
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The first scenario has a higher average and mean. Of course though, we don't know what the income of the other 90/100 people is.
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