John 21:14-17New International Version (NIV)14 This was now the third time Jesus appeared to his disciples after he was raised from the dead. 15 When they had finished eating, Jesus said to Simon Peter, “Simon son of John, do you love me more than these?” “Yes, Lord,” he said, “you know that I love you.” Jesus said, “Feed my lambs.” 16 Again Jesus said, “Simon son of John, do you love me?” He answered, “Yes, Lord, you know that I love you.” Jesus said, “Take care of my sheep.” 17 The third time he said to him, “Simon son of John, do you love me?” Peter was hurt because Jesus asked him the third time, “Do you love me?” He said, “Lord, you know all things; you know that I love you.” Jesus said, “Feed my sheep!"
Mode does tell you how much the largest number of people in the base are earning, which does reflect more accurately how most folks are doing. Mean is the point at which half earn more, half less. “Average” is the LEAST VIABLE “statistic” relative to "How is “Average Joe” doing in the economy, compared to Kochs, Adelson, Waltons, or Gates, Soros, Buffett.(Take the guy with the shopping cart, add Buffett’s income, divide by 2= guy with shopping cart is obviously in the 1% of the world in income, right?)
Median, sorry, michael, but the mode still tells how the most people are really doing. Hmm, as “median” type, still keep swapping, but I can’t remember folk’s names, though other facts stick forever in the brain and pop back out. (Old age?)
Jib76 over 10 years ago
John 21:14-17New International Version (NIV)14 This was now the third time Jesus appeared to his disciples after he was raised from the dead. 15 When they had finished eating, Jesus said to Simon Peter, “Simon son of John, do you love me more than these?” “Yes, Lord,” he said, “you know that I love you.” Jesus said, “Feed my lambs.” 16 Again Jesus said, “Simon son of John, do you love me?” He answered, “Yes, Lord, you know that I love you.” Jesus said, “Take care of my sheep.” 17 The third time he said to him, “Simon son of John, do you love me?” Peter was hurt because Jesus asked him the third time, “Do you love me?” He said, “Lord, you know all things; you know that I love you.” Jesus said, “Feed my sheep!"
Bob Smith over 10 years ago
Well put.
Dtroutma over 10 years ago
Mode does tell you how much the largest number of people in the base are earning, which does reflect more accurately how most folks are doing. Mean is the point at which half earn more, half less. “Average” is the LEAST VIABLE “statistic” relative to "How is “Average Joe” doing in the economy, compared to Kochs, Adelson, Waltons, or Gates, Soros, Buffett.(Take the guy with the shopping cart, add Buffett’s income, divide by 2= guy with shopping cart is obviously in the 1% of the world in income, right?)
disgustedtaxpayer over 10 years ago
that Bull is going to have a hard landing.The Dow is up mostly due to the Obama/Treasury regular $85 Billion in Monopoly Money. Biggest Bubble yet.
Dtroutma over 10 years ago
Median, sorry, michael, but the mode still tells how the most people are really doing. Hmm, as “median” type, still keep swapping, but I can’t remember folk’s names, though other facts stick forever in the brain and pop back out. (Old age?)