this post was submitted on 12 Jun 2024
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US Authoritarianism

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That’ll be Why the Median is Barely Over 40 (lemmy.world)
submitted 1 year ago* (last edited 1 year ago) by alphanerd4@lemmy.world to c/usauthoritarianism@lemmy.world
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Snopes

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[–] Xanthrax@lemmy.world 8 points 1 year ago* (last edited 1 year ago) (10 children)

Guys, stop trying to figure out the average. You guys should look for the mode (the most common income, not all income added and divided).

Edit: If anyone has the mode for american income, I'd love to hear it. I can't find it. Just the median and average.

[–] bort@sopuli.xyz 29 points 1 year ago (6 children)

the mode is probably 0.

e.g. there are plenty of people with exactly 0 income. there are few people with exactly another income.

[–] onion@feddit.de 7 points 1 year ago

Yup, Wikipedia says all exponential distributions have mode 0

https://en.wikipedia.org/wiki/Exponential_distribution

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