Thursday, July 12, 2018

As Long As A Janitor Is Paid $500,000 A Year This Is Manageable Home Price...Or Is It?

I read where the Median Home Price in San Francisco is $1,600,000.

 

I’ve figured it out...

Ø I’ve often heard that California is the Land of Fruits and Nuts.

Ø I have also heard that a lot of Crazy People like to live in San Francisco.

Ø This must mean Nuts Have A Lot of Money.

 

Did my use of “Median” throw you for a loop? It threw me too. I looked it up...

Median

The median is the value separating the higher half of a data sample, a population, or a probability distribution, from the lower half. For a data set, it may be thought of as the "middle" value. For example, in the data set {1, 3, 3, 6, 7, 8, 9}, the median is 6, the fourth largest, and also the fourth smallest, number in the sample. For a continuous probability distribution, the median is the value such that a number is equally likely to fall above or below it.

 

Now that I have gone to all this trouble to explain “Median” to you, do you feel smarter?

 

I know I don’t.

 

Would I kid u?

Smartfella

 

Lagniappe: A Starter House must be somewhere around $1,000,000.