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URL:  http://boards.fool.com/reallyalldone-asks-i-thought-if-it-was-a-median-29796106.aspx

Subject:  Re: Secrets of the 0.2% Date:  1/22/2012  3:44 PM
Author:  intercst Number:  69963 of 75340

reallyalldone asks,

I thought if it was a median, half the people would be paying more. An average is a mean, isn't it ?

The average is equal to the median only if you have a standard distribution (i.e.. bell-shaped curve). In real-life, you rarely get a standard distribution, it's either skewed towards the top or the bottom, that's why I said "about half the people".

intercst
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