Did you know that half of New Yorkers are below the median income?

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Yes, that's right - an astonishing fifty percent of all residents of New York City are below the median income.

That's quite a staggering statistic considering the positive social impact the Giuliani administration had on the city - yet still, the statistic didn't improve at all during his tenure. :confused:
 
I didn't know that. Thanks for sharing.

What is the median income for NYC?


I'd be willing to be that even the NY'ers that are living below the median income, know that things that flip up are cool.
 
Originally posted by boombexus
I didn't know that. Thanks for sharing.

What is the median income for NYC?
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**** if I know.

I'd be willing to be that even the NY'ers that are living below the median income, know that things that flip up are cool.
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Like what? :odd:
 
Originally posted by M5Power
My phone flips up!
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That's cus you're on the cutting edge.


So do you suppose that the median income in NYC could be skewed by the there seeming to be no middle class actually living in NYC.
Only the very rich or the very poor seem to inhabit the city it's self. Wouldn't that lead to a skewed statistic?

However, if you moved to NYC, i'm sure the percentage would increase by a .000043867. Do your part Doug.
 
Originally posted by boombexus

So do you suppose that the median income in NYC could be skewed by the there seeming to be no middle class actually living in NYC.
Only the very rich or the very poor seem to inhabit the city it's self. Wouldn't that lead to a skewed statistic?
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**** if I know. What am I, a demographer?

However, if you moved to NYC, i'm sure the percentage would increase by a .000043867. Do your part Doug.
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I already live here; keep up. Plus, I don't have a very significant income anymore - today I found out I'm $16000 under the average income of an E-class buyer. That's why income is a crap statistic, though, because we all know I've got savings out the ass. Let's change the way they define statistics.

Plus - how many damn E-class owners have a Cayenne, a CLK55, and, I'm proud to announce, a Corvette Grand Sport? I'd take them on any day of the damn week. All of them. Freaking old people. I saw an 80s-year-old guy and his 80s-year-old wife in a last-generation E55 a few days ago. Talk about out of place. That guy has a stroke (it's likely), he's suddenly doing 130mph.
 
I'll bet you a dollar that half of all people everywhere are below the median income.

Even more astonishing is the fact that half of all people, everywhere, are above the median income.
 
Originally posted by M5Power


**** if I know. What am I, a demographer?
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Originally posted by Doug
**** if I know.
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Evidently not. :(


I saw an 80s-year-old guy and his 80s-year-old wife in a last-generation E55 a few days ago. Talk about out of place. That guy has a stroke (it's likely), he's suddenly doing 130mph. [/B]
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:lol: Damn the elderly.
 
Originally posted by milefile
I'll bet you a dollar that half of all people everywhere are below the median income.

Even more astonishing is the fact that half of all people, everywhere, are above the median income.
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Yeah - but let's see how many people fall for it.
 
I'll bet you money that you are wrong, milefile.

I bet 49 percent are above it, 49 percent are below it, and 1 percent are directly at the median income.

I win, by technicality. The best way to win.

Doug, stop buying ****ing cars! You can only drive frickin' one of them at a time. By the time you get out of the dealership, it seems like you have already bought another car.
 
I guess your the minority, Doug.

Considering you have bought 2 cars in the past week and a half.

Im going to slash the tires of your new Vette. :)
 
What Klos said - stop buying so many damn cars for yourself. Share the wealth man. The next car you buy had better be as a gift for me :grumpy:
 
Originally posted by M5Power
Yes, that's right - an astonishing fifty percent of all residents of New York City are below the median income.

That's quite a staggering statistic considering the positive social impact the Giuliani administration had on the city - yet still, the statistic didn't improve at all during his tenure. :confused:
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And?
What Should We Care About This?
 
Yes. He Is Sure, As Am I. You Obviously Don't Know What A Median Is.
 
Originally posted by Klostrophobic

Doug, stop buying ****ing cars! You can only drive frickin' one of them at a time. By the time you get out of the dealership, it seems like you have already bought another car.
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There's still two more to buy. I know what the next one's going to be (a major disappointment to everyone - my wife included - but me) but I'm clueless on the last one, so it might not happen.

I so saw this in Dilbert. Thief.
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Who the **** reads Dilbert?
 
Originally posted by M5Power
Yes, that's right - an astonishing fifty percent of all residents of New York City are below the median income.
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I dont see why you're so astonished. The whole point of an median is that half the people are above and half are below.
 
Yeah, none of us knew that.

I believe that was the intention of the original poster. Crayola merely stated the blindingly obvious. And he ruined it because now all the idiots will be like: "o yea lol, i get it now lolololololololol!!!!!!!11111"

Technically he is wrong, anyway. There are going to be a small percentage of people directly on the median-line. Therefore there will be fewer than 50 percent above and below.

I win. You all lose. Again.
 
Originally posted by Klostrophobic
I'll bet you money that you are wrong, milefile.

I bet 49 percent are above it, 49 percent are below it, and 1 percent are directly at the median income.

I win, by technicality. The best way to win.

Doug, stop buying ****ing cars! You can only drive frickin' one of them at a time. By the time you get out of the dealership, it seems like you have already bought another car.
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What about the other 1%? Dolt.

Also, it's not always required that someone is on the median income. The median is an arbitrary point in a dataset, and it is not required that there be any members of that dataset on the actual median point.

You are therefore a total loser.
 
I realise that but a perfect median is one where there are equal groups either side. Also, if the original source said "average" then they could infact mean the mode.
 
Originally posted by GilesGuthrie
What about the other 1%? Dolt.
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Tee hee.

Maybe Klos is implicating that there are only 99% of... people in the world? As in, the other 1% are people, but not.
 
Originally posted by Crayola
I realise that but a perfect median is one where there are equal groups either side. Also, if the original source said "average" then they could infact mean the mode.
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No, the modal value in a dataset is the value that has the highest individual population.

So, in the dataset 1, 3, 3, 5, 5, 5, 5, 5, 6, 7, 8, 9, 9, 9, 24523, the modal value is 5, but the average is 1640.2.
 
As long as we're talking about this stuff, I have a question...

When you find standard deviation, how come you square (then un-square) the deviation values instead of just taking the absolute value?
 

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