Vitalik Buterin pfp
Vitalik Buterin
@vitalik.eth
Medians are vulnerable to some interesting statistical paradoxes that means are not. For example, consider this scenario: * The median family owns $100k in real estate * The median family owns $100k in DOGE * The median family net worth is $100k * Nobody has any debt This is possible! Challenge: figure out how.
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Vitalik Buterin pfp
Vitalik Buterin
@vitalik.eth
Challenge 2: the median family also owns $100k in stocks. Median net worth is still $100k. Figure out how.
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$JAM ๐Ÿฟ๏ธ pfp
$JAM ๐Ÿฟ๏ธ
@jam
Challenge: Try out #JamFrens, the Web3 Social FriendTech ๐Ÿง
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tldr (tim reilly) pfp
tldr (tim reilly)
@tldr
I believe it has something to do with Alameda Research
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Mac Budkowski แต pfp
Mac Budkowski แต
@macbudkowski
Family A owns $0k DOGE $100k real estate. Family B owns $101k DOGE $101k real estate. Family C owns $0k real estate $100k DOGE. Family A is the median for real estate, family C is median for DOGE. A/C are median for net worth
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Connor McCormick โ˜€๏ธ pfp
Connor McCormick โ˜€๏ธ
@nor
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Connor McCormick โ˜€๏ธ pfp
Connor McCormick โ˜€๏ธ
@nor
After thinking about this more, I don't think it's correct to call that the median family. It's "median DOGE ownership by family". If you want to find the median family, you need to define what the attributes of the family are. E.g. the median family by DOGE ownership has an average net worth of $233.33
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Thomas pfp
Thomas
@aviationdoctor.eth
Three families own: $0, $100, and $n respectively in RE; $100, $0, and $n in DOGE; And by way of consequence: $100, $100, and $2n in net worth, respectively. In that scenario, the median value across all families is $100 in RE, $100 in DOGE, and $100 in net worth. This holds for any arbitrarily large value of n.
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veekay pfp
veekay
@veekay
the endgame
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Daniel Lombraรฑa pfp
Daniel Lombraรฑa
@teleyinex.eth
A really good bok about statistics https://www.statisticsdonewrong.com/ For these scenarios we should be using the mode.
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Syed Shah๐Ÿดโ€โ˜ ๏ธ๐ŸŒŠ pfp
Syed Shah๐Ÿดโ€โ˜ ๏ธ๐ŸŒŠ
@syed
Challenge 4: The median Farcaster can solve this in 1 minutes.
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Jonassft pfp
Jonassft
@jonassft
What should we consider when applying the median in RetroPGF 3 voting?
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m_j_r pfp
m_j_r
@m-j-r.eth
> nobody has any debt and there goes my degenerate guess.
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Luffy pfp
Luffy
@hinhuk
1. Me own nothing, 2. Trump owns 100k in real estate, 100K in Doge, net work is 100K 3. Musk owns 100k in real estate, 100K in Doge, net work is 100K 4. Vitalik own 1m in real estate, 1m in Doge, net worth is 1m So we get your result :D
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CD ๐ŸŽฉ pfp
CD ๐ŸŽฉ
@vagobond
An equal re-distribution of wealth and a debt jubilee. With Equality, everyone is the median.
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Aleph ๐ŸŽฉ โ†‘ pfp
Aleph ๐ŸŽฉ โ†‘
@aleph
Families: A-G Real Estate: 0,0,0,100,200,300,400 Doge: 0,0,100,0,200,300,400 Stocks: 0,100,0,0,200,300,400 Gold: 100,0,0,0,200,300,400
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Q๐ŸŽฉ pfp
Q๐ŸŽฉ
@qsteak.eth
Most are on the left side. The right side is dragging up the middle but not the average. Too too heavy.
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