Wednesday, September 16, 2015

The Paradox of Median Income

From the White House Blog, median income for family households rose in 2014, median income for nonfamily households rose in 2014, and median income for all households fell in 2014.

True fact.

How is that possible?  It's the Simpson paradox

I wonder how much of the stagnation in median household income over the past years is accounted for by the increase in nonfamily households?

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