Interesting info-graphic video on the distribution of wealth within the US http://www.upworthy.com/9-out-of-10-americans-are-completely-wrong-about-this-mind-blowing-fact-2?c=o98 …
@IADaveMark And since then, any time I've seen a stat thrown out there, I've always questioned it.
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@DaveVoyles Despite being 20%, the top quintile would have 28% of the total. And that's just with a very shallow slope between them.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@DaveVoyles With 10, 30, 50, 70, 90, the top quintile is now 36%.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@DaveVoyles Here's the kicker: it's not a normal dist. It's a skewed one. You can't get lower than 0, but you can get infinitely high.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@DaveVoyles 10, 30, 50, 80, 120 gives you 41% for the top quintile (3.4% for the bottom one) -
@IADaveMark You and your insane amounts of math (Definitely an AI guy ) - Show replies
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@DaveVoyles But... OOOOHHhhhhh $120k is SOOOoooo evil! -
@IADaveMark so it should be shifted to the left then, unlike what the graph displays, correct?
End of conversation
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