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53: The Devil is in The Data: How to Lie with Statistics by Darrell Huff

Made You Think

CHAPTER

The Mean Is a Good One, Right?

The mean is affected greatly by fat tails. A year would make a huge difference to the mean, but it wouldn't realy make adi the median. In more and more power law situations, then you probably have to go with the medium. And that was a, i think, in the war on normal people, right?

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