The Math Trick That Misleads Millions: Median vs. Average Explained
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About this listen
Statistics shape how we think about income, housing, salaries, and inequality—but one simple math choice often distorts reality. This episode breaks down the difference between median and average, why headlines love one over the other, and how this confusion quietly misleads people making financial, career, and policy decisions.
We walk through real-world examples, explain when each metric matters, and show how misunderstanding basic statistics leads to bad assumptions about opportunity, risk, and success.
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