Talis Advisors
Commentary
The Deceptive Nature of Averages
by Brent Everett of Talis Advisors,
Averages can be useful when they measure traits or outcomes that are normally distributed in the familiar bell-shaped curve, but averages can be misleading – as we’ve stated before, it’s possible for someone 6-ft tall to drown in a river an average of 3-ft deep.