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Tag : reference

Million Vs. Billion

Categories: Fact Check
Comments: 7 Comments
Published on: 2017.02.12

“Million” and “billion” get thrown around a lot in science and economics. It can be difficult to grasp the difference. “Just add three more zeroes” doesn’t quite get the gist of it. Here are a few concrete examples to keep in mind, to help picture the difference between a million and a billion: 1 million[…]

Mean Vs. Median

Categories: Fact Check, Finances
Comments: No Comments
Published on: 2017.02.12

Not everyone deals with math every day, and that’s fine. Most people don’t need to know the following in their day-to-day lives. However, I write this entry so I can link to it from other entries that mention “mean”, “average”, or “median”. Most of us see these terms only in news stories about the economy:[…]

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