SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Gib Bogle who wrote (54005)8/24/2009 2:42:01 AM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 220175
 
Gib the majority is defined as slightly above 50% of population. I a Gaussian even distribution 50% are above average and 50% below average.

Now take the Gaussian curve and average the 50% below average and you will receive a much smaller number as to those above 50% average - add to it 1% of people that are slightly above average and BINGO the 51% you chose are well below average - those are the tricky issues in Gaussian averaging and Democracy by free vote