As far as I know the US government defines Median income as the middle of the population, not the middle of the dollar amount. So in this case Keith is correct. However as I pointed out in a previous post, I was considering repeated iterations, so it hardly matters which way you define it. In the end there would be only one person/family left.
-- graywolf http://www.graywolfphoto.com http://webpages.charter.net/graywolf "Idiot Proof" <==> "Expert Proof" ----------------------------------- mike wilson wrote: >> From: Keith McGuinness <[EMAIL PROTECTED]> >> Date: 2006/07/24 Mon PM 09:41:58 GMT >> To: Pentax-Discuss Mail List <[email protected]> >> Subject: Re: New telephoto lenses? >> >> mike wilson wrote: >>>> From: Keith McGuinness <[EMAIL PROTECTED]> >>>> >>>> graywolf wrote: >>>>> Well, I like the idea of killing everyone who has an income above the >>>>> median, they are resource hogs having more than their fair share of >>>>> everything. >>>> You want to kill half the population on the planet? >>>> >>>> Seems a little drastic! >>> Probably more like 10%. Ineffective. >> Nope -- exactly half. >> >> The MEDIAN income is that which divides the population into two >> halves: 50% above and 50% below. >> >> If graywolf had said MEAN income, you might be about right. >> >> Apologies for being pedantic; it's genetic. 8-) >> >> Keith McG > > But Tom's talking about median _income_. Median is the midpoint in a series > of numbers, not the number that causes a 50/50 split in a derivative of it. > In modern society, say incomes go from 0 to 10million, the median is > 5million. But the number of people with higher than 5million will be much > lower than the number below. > > Sorry, you're just not pedantic enough. Pedantic would be pointing out that > I'm assuming one pass. > > 8-) > > > > ----------------------------------------- > Email sent from www.ntlworld.com > Virus-checked using McAfee(R) Software > Visit www.ntlworld.com/security for more information > > -- PDML Pentax-Discuss Mail List [email protected] http://pdml.net/mailman/listinfo/pdml_pdml.net
