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To: expat_panama
Yes, averages are very misleading. The numbers are greatly distorted by outliers at the high end. For example, Google, a company with 10,674 employees has $13.43B in revenue or about $1.2 million in revenue per employee, which is about 19 times the average given in the report.
11 posted on 09/03/2007 6:13:42 AM PDT by theBuckwheat
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To: theBuckwheat; expat_panama; Toddsterpatriot
The numbers are greatly distorted by outliers at the high end. For example, Google, a company with 10,674 employees has $13.43B in revenue or about $1.2 million in revenue per employee, which is about 19 times the average given in the report.

So you imply that this erroneously or misleadingly skews the results.

Does it?

A few Americans created Google, an invaluable business tool that increases my productivity when I'm looking for data to do my job with (so much so that I can still jack around on FR and get my job done!!!)

We could take those 10,674 people, put screwdrivers in their hands and have them assemble bicycles.

That would 'bring back blue-collar jobs' and 'fix' the averages, wouldn't it?

15 posted on 09/03/2007 6:43:31 AM PDT by sam_paine (X .................................)
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