The debt is more than $100k per person. The median net worth is $192k. People would have to sell large parts of what they own to make any significant dent in that number during his administration.
English is a tertiary language for me. I would say “too”, but I don’t know if you moved to an English speaking country later in life so it is a secondary language for you. I have lived in Denmark my entire life.
It might, very very slightly go down. But the way you have to think about a media is this:
Put all 342 million Americans in a single line, sorted by net worth from west to east in increasing order.
Find the person standing in the middle, i.e. person 171 million. That’s the median net worth.
Now remove the top 10 richest people, i.e. behead the snake politely ask the 10 people standing easternmost to leave the line. Now to find the new median, go back to the original median person and move five to the left. That’s the new median.
Most likely, you’d have a negligible amount of change. Maybe a couple of bucks.
ALso note that for this it does not matter just HOW rich the richest persons are.
The debt is more than $100k per person. The median net worth is $192k. People would have to sell large parts of what they own to make any significant dent in that number during his administration.
What’s the median net worth without the 10 richest people, because they obviously don’t have to contribute
192k
Median, not medium
Median, not *mean/average.
Fair. Though also, english isn’t my first language.
English is a tertiary language for me. I would say “too”, but I don’t know if you moved to an English speaking country later in life so it is a secondary language for you. I have lived in Denmark my entire life.
The median would not stay the same if you removed the ten richest people. It wouldn’t decrease as much as the mean, but it would still go down.
It might, very very slightly go down. But the way you have to think about a media is this:
Put all 342 million Americans in a single line, sorted by net worth from west to east in increasing order. Find the person standing in the middle, i.e. person 171 million. That’s the median net worth.
Now remove the top 10 richest people, i.e.
behead the snakepolitely ask the 10 people standing easternmost to leave the line. Now to find the new median, go back to the original median person and move five to the left. That’s the new median.Most likely, you’d have a negligible amount of change. Maybe a couple of bucks.
ALso note that for this it does not matter just HOW rich the richest persons are.
I always have a difficulty remembering the difference between median and medium
And mean and mode