Cohousing-L Mailing List: RE: [C-L] Inter-National conversation

[Forbes Jan (jan.forbes]

Wouldn't the mode be 8 or 9?  Definitely not 3.

-----Original Message-----
From: Peg Blum [mailto:pegb [at] cambridgecohousing.org]
Sent: Tuesday, 8 April 2003 8:02 AM
To: cohousing-l [at] cohousing.org
Subject: Re: [C-L]_Median or mode, Wealth & Poverty



Glad you set them straight!  I couldn't believe that National conversation!

----- Original Message -----
From: "Diane Margolis" <diane [at] cambridgecohousing.org>
To: <cohousing-l [at] cohousing.org>
Sent: Monday, April 07, 2003 5:35 PM
Subject: Re: [C-L]_Median or mode, Wealth & Poverty


>
> Sharon,
> The mode is the value with the greatest frequency.  The bell curve is
> special because its mode, median, and mean overlap in the center and
because
> the curve to the right of  (or above) the center has the same slope as the
> curve to the left of the center.  Thus in the sequence  23333457889 the
mode
> is 3; the median is 4 and the mean is 5 and this sequence does not form a
> bell curve.
>
> Diane, a retired prof. of sociology who lives in Cambridge Cohousing
> ----- Original Message -----
> From: "Sharon Villines" <sharon [at] sharonvillines.com>
> To: <cohousing-l [at] cohousing.org>
> Sent: Monday, April 07, 2003 1:08 PM
> Subject: Re: [C-L]_Median or mode, Wealth & Poverty
>
>
> >
> > On 4/02/2003 7:40 PM, "Forbes Jan" <jan.forbes [at] dhhs.tas.gov.au> wrote:
> >
> > > The median is the middle value of a list of values.  The peak of the
> bell
> > > curve, where most of the values fall, is the mode.
> > >
> > > Which one you decide to use depends on things like the nature of the
> > > distribution and what you are using it for.  If it is skewed
> distribution
> > > the median is usually preferred over the mean.  If in doubt about the
> nature
> > > of the distribution, it is helpful to look at mean, media and mode as
> well
> > > as the standard deviation.
> >
> > Thanks for the correction. Sorry to confuse people.
> >
> > I still haven't located the mode but have a bit more info from a
Sociology
> > text that I'm reading:
> >
> > Wealth is determined by one's net assets -- the monetary value of
> everything
> > one owns minus one's debts. Wealth is the accumulation of savings or
> > investments. 1/3 of the US population has no net worth or wealth --
which
> > means they live from day to day. No income today, no food today.
> >
> > Wealth in the United States is concentrated in the upper 10% of the
> > population which controls 86% of the nation's wealth. The top 1% owns
more
> > than the bottom 90%. This concentration is greater than in any other
> > industrialized nation and has increased rapidly since the 1980s (during
> > Reagan's tenure as president, 1981-1989). The concentration of wealth in
> the
> > US is greater than at any time since 1929.
> >
> > The World Bank defines poverty as an income of less than $1 a day per
> > person. By this definition poverty has declined since 1987 from 29% to
> 26%,
> > but most of this is decline in Asia. The US Federal poverty line is
> $16,660
> > for a family of four. In 1998 12.7% of the population was living below
> this
> > line.
> >
> > This figure is determined by using the Department of Agriculture's
dietary
> > requirements to calculate a low-cost food budget and multiplying this by
3
> > assuming that a household spends approximately 1/3 of its budget on
food.
> >
> > The "culture of poverty" is largely a myth. Only 22% of people living in
> > poverty one year will be in poverty the next. The largest causes of
> poverty
> > are temporary crises with under 5% living in poverty for more than two
> years
> > at a time. 41% of those living in poverty are working at least full
time.
> > 18% of the entire workforce living in poverty.
> >
> > But since most of us couldn't imagine living on $4,140 (1/4 of
$16,660) --
> > even living on an income of twice that would be difficult -- if
cohousing
> is
> > going to extend to the poor, it will have to have capital investment
from
> > the wealthy, directly or by taxation in the form of government grants.
> >
> > Sharon
> > --
> > Sharon Villines
> > Takoma Village Cohousing, Washington DC
> > http://www.takomavillage.org
> >
> >
> >
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> >
>
>
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