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https://www.youtube.com/watch?v=MaMbktY ... L&index=12
Second World War bomb revealed in drought-hit Italy's River Po
A secret no more: Canada's 1st codebreaking unit comes out of the shadows
Not gonna lie, was expecting Guillermo.
https://www.youtube.com/watch?v=NF7_Esj ... WL&index=3
https://www.youtube.com/watch?v=uO8qJuk ... Bg&index=2
https://www.youtube.com/watch?v=W-y5JZb ... WL&index=6
https://smartasset.com/retirement/the-a ... tion-level
Median:
Relating to, located in, or extending toward the middle.
Of, relating to, or situated in or near the plane that divides a bilaterally symmetrical animal into right and left halves; mesial.
Relating to or constituting the middle value in a distribution.
Average:
A number that typifies a set of numbers of which it is a function.
An intermediate level or degree.
The usual or ordinary kind or quality.
It seems you are conflating the definitions of average with median. These are not the same thing as it relates to determining how to attract sufficient manpower in the market.
Median vs. Average
The median of a set of numbers is that number where half of the numbers are lower, and half of the numbers are higher. In the case of real estate, that means the median is the price where half of the homes sold in any given area that month were cheaper, and half were more expensive.
The average of a set of numbers is the total of those numbers divided by the number of items in that set. The median and the average might be close, but they could also be significantly different. It all depends on the numbers.
Here's an example. Take a look at these 11 hypothetical home prices:
$100,000
$101,000
$102,000
$103,000
$104,000
$105,000
$106,000
$107,000
$650,000
$1 million
$3 million
The median price of these 11 houses is $105,000. That's arrived at because five houses were lower priced and five were higher priced.
Meanwhile, the average price of these 11 houses is $498,000. That's what you get when you add up all of those prices and divide by 11—quite a difference from the median.
Going back to the quote:
Median weekly earnings for workers with a high school diploma but no college was $781. That works out to $40,612 per year.
$781 median is NOT the average. However, that is where the 40K comes from. Does this make sense now? In other words there CAN be outliers but the aggregate doesn't change.
https://www.youtube.com/watch?v=wcXkz1Y ... WL&index=4
https://www.youtube.com/watch?v=mH5TlcM ... RA&index=3
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https://www.youtube.com/watch?v=XgjWCHM ... WL&index=5
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