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small lesson on stats for innumeracists - stop worshipping sums

The worship of numbers is a form of idolatry (believing that the are proof, for example).
The absence of numbers indicates sloppy thinking.

What is the average of 49 and 51?
What is the average of 1 and 99?

With Gini numbers,
are you comparing the top 20% with the bottom 20%, or
are you comparing the top 5% with the bottom 5%?

Always ask whether Gini numbers apply to capital (wealth) or income, and
whether government transfers such as pensions, 'free' schools, hospitals, roads, defence etc. are included in income figures.

If there is a greater proportion of billionaires in a country and you use 5%, you are likely to have very different results than if you compare 20%;

and

all governments lie with stats.

Some even stuff ballot boxes, while others control all the media.

Do you really believe a statistic coming out of China is of the same quality of one coming out of Britain, the USA, or even the EUSSR and, thereby, safely comparable?

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