Fun statistical trick: Suppose Trianglestan has a population of 10. The poorest Trianglestani makes $1/year, the richest makes $10.
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Replying to @St_Rev
The total list of incomes is $1, $2, $3, ... $10. Now assume the richest 4 Trianglestanis have bachelor's degrees, rest don't.
1 reply 5 retweets 5 likes -
Replying to @St_Rev
Avg. income w/college degree: $8.50. Avg. without: $3.50. Now suppose a new program pushes 2 more, the guys making $5 & $6, to get degrees.
2 replies 5 retweets 5 likes -
Replying to @St_Rev
Assume nobody's income actually changes. Then... avg. income w/degree: $7.50. avg. income without: $2.50. Both groups "lose" income!
2 replies 6 retweets 11 likes -
Replying to @St_Rev
NOTHING ACTUALLY CHANGED, but the NYT, Vox, et fucking c. have a field day trumpeting the economic horror.
6 replies 2 retweets 11 likes -
Replying to @soapjackal
@soapjackal Some labels got moved around. You can "solve" a Rubik's cube like that, but.7 replies 1 retweet 6 likes -
Replying to @soapjackal
@soapjackal Note that in this toy example, nobody's income changed. No economic effect at all, just a category boundary got moved.2 replies 0 retweets 2 likes
@soapjackal Similar phenomena can be seen in mortality/morbidity statistics when defns shift, cf. recent drop in w. female life expectancy.
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. Banned in Sweden. SubGenius, Zhuangist, white-hat troll. Defrocked mathematician. Brain problems.