One of the reasons for writing this blog post is to help people make sense of numbers – the other is because my family is tired of listening to me. The biggest bugbear in my life is how we use the average as a measurement when it not only tells you very little but also hides the real story. Journalists particularly should work on their number literacy, … [Read more...] about Why using average is a fairly average way of measuring anything
median
Tax season and the statistics keep coming
Journalists love numbers and every end of tax season they have a field day reporting a whole lot of data that in our minds should be the same thing, but aren’t. Why is income not equal to GDP per capita (per capita = per person)? What is the difference between income and wealth? GDP represents everything that happens on an economic level in your … [Read more...] about Tax season and the statistics keep coming