What you're saying is true but is irrelevant to my point. With the original post the claim was that 1/20 in Boston make more than 374k because the top 5% of people between 35 and 64 make more than 374k. Again this is…
no it is not. in any case it's referring to household incomes and only between people who are 35 to 64. so again, no, 1/20 people are not making that much. again, percentiles do not work in a fashion where you can take…
that's not how percentiles work. also, you'd need to know whether that value they use is the lower bound on the top 5% and how that compares to the top 5% for the general population
What you're saying is true but is irrelevant to my point. With the original post the claim was that 1/20 in Boston make more than 374k because the top 5% of people between 35 and 64 make more than 374k. Again this is…
no it is not. in any case it's referring to household incomes and only between people who are 35 to 64. so again, no, 1/20 people are not making that much. again, percentiles do not work in a fashion where you can take…
that's not how percentiles work. also, you'd need to know whether that value they use is the lower bound on the top 5% and how that compares to the top 5% for the general population