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I just heard this on CNN not 5 minutes ago

 
Is it true? Is my math off?
User ID: 25015676
United States
10/07/2012 06:15 AM
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I just heard this on CNN not 5 minutes ago
In September Obama received $181m in donations. The average donation was just $53 (according to CNN).

Lets round 181m down to 150m. Lets round $53 to $50.

150m/50=50m

50m people donated to Obama in September alone?

Do I have this right? What am I missing? Have 50m people really donated to Obama in September alone? Or does CNN have a different definition of AVERAGE?


av·er·age/ˈav(ə)rij/
Noun:
The result obtained by adding several quantities together and then dividing this total by the number of quantities; the mean.
Adjective:
Constituting the result obtained by adding together several quantities and then dividing this total by the number of quantities.
Verb:
Amount to or achieve as an average rate or amount over a period of time: "annual inflation averaged 2.4 percent".
Synonyms:
noun. mean - medium - mediocrity
adjective. mean - ordinary - medium - middling - mediocre - middle
Psych

User ID: 903456
Netherlands
10/07/2012 06:19 AM
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Re: I just heard this on CNN not 5 minutes ago
Lets round 181m down to 150m. Lets round $53 to $50.
 Quoting: Is it true? Is my math off? 25015676


Please stay far away from any finance related job.
Anonymous Coward (OP)
User ID: 25015676
United States
10/07/2012 06:22 AM
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Re: I just heard this on CNN not 5 minutes ago
Lets round 181m down to 150m. Lets round $53 to $50.
 Quoting: Is it true? Is my math off? 25015676


Please stay far away from any finance related job.
 Quoting: Psych


OOPS LOL 3.4m HAHA I FEEL STUPID.
Anonymous Coward (OP)
User ID: 25015676
United States
10/07/2012 06:25 AM
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Re: I just heard this on CNN not 5 minutes ago
Guess my math was off. But only by a few million. I'm probably good to work for the federal reserve right?
Anonymous Coward
User ID: 25114211
United Kingdom
10/07/2012 06:31 AM
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Re: I just heard this on CNN not 5 minutes ago
Guess my math was off. But only by a few million. I'm probably good to work for the federal reserve right?
 Quoting: Anonymous Coward 25015676


LOL
Mitt Romney Style
User ID: 23617403
United States
10/07/2012 06:59 AM
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Re: I just heard this on CNN not 5 minutes ago
I know you have done Mitt Romney's budget plan; don't lie!

The middle class will not need to be taxed since there will not be any middle class left anyway.

odance
Anonymous Coward
User ID: 21853831
Norway
10/07/2012 07:05 AM
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Re: I just heard this on CNN not 5 minutes ago
150 divided by 50 is not 50.
Anyone here lie to make guess what it old be?
Goodmen
User ID: 16778386
United States
10/07/2012 07:06 AM
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Re: I just heard this on CNN not 5 minutes ago
Math mistakes or not- I have learned to ignore "statistics" as they are easily skewed to present whatever someone wishes.

-Heres one: There are 10 house on my street. Everyone made $100,000/year two years ago. Last Year 9 people lost their jobs and made $0/year but 1 person got a new job making $1,000,000 year.- On average the average household in my neighborhood saw no change in income. (not that this is real- but my point is ...)





GLP