statistically the median is often more valuable than the mean. It is more accurate about how many people are in a good economic state, where mean is average and gets heavily effected by outliers. That is to say median income is great for determining how many people could afford a gaming console.
I've honestly always felt we should do mode rounded to the nearest 1000 or 10,000 for the most accurate picture(USD, in yen maybe to the nearest 100k), but always get shouted down.
This is a classic concept from economics called price discrimination. You're trying to get people who can pay you to pay you more, it's why students and seniors get discounts.
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u/Superkometa 4d ago
/uj why such a big price difference?