Philosophy of Mathspeaking topic

A group of people is discussing its average wealth. A billionaire walks in and the 'average wealth' suddenly makes everyone a millionaire, though nobody's pocket has changed. Why is the average so bad at describing the majority?

mean vs median, skewed distributions

practice with this topic

Set the timer (5-30 min), take 20 seconds of prep if you like, start talking. Jot your thoughts onto the sticky-note board.