Clarification of Question by
saintjamesc-ga
on
24 Oct 2003 17:58 PDT
Thank you for allowing me to clarify. I wasn't sure how to ask for
the information I wanted, but now that I have given it further
thought, I know exactly what to ask for. All the numbers in my
examples are totally fictitious.
Provide the income and wealth for the following:
mean
+ and - 1std dev
+ and - 2std dev
+ and - 3std dev
+ and - 4std dev
Example for Income: The mean is $35,000, the median is $23,000, and
the mode is $32,000.
The standard deviation from the mean is $10,000.
+1 std dev, $45,000, %67 percentile
-1 std dev, $25,000, %32 percentile
et cetera
THEN provide the income and wealth for these top percentile:
1.00%
.75%
.50%
.25%
.10%
.05%
.01%
.005%
.001%
.0001%
.00001% et cetera by a factor of ten until there is only one person in
that percentile (i.e. the wealthiest and highest income) and what
their percentile is.
Example for wealth:
1% worth $350,000
.75% worth $445,000
.50% worth $573,000
...
.00001% worth $250 million
.000001% worth $1 billion
.0000004% (the highest in a population of 250 million, i.e. the
richest person around) worth $56.3 billion
I hope that is much clearer.