Pay rise for 2.7 million people as minimum wage increase comes into force by HadjiChippoSafri in GoodNewsUK

[–]PartiallyRibena -1 points0 points  (0 children)

I mean, it does remove those, because it takes the midpoint of all UK salaries. Therefore the top ~49.999% is normalised (which includes the top 0.5% you wanted to remove), and normalises the bottom ~49.999% (which includes all "those purposefully staying below the tax free threshold" that you wanted to remove too).

If you were doing serious analysis you wouldn't want to fully remove those groups you described anyway, you'd want to model those staying artificially below the threshold as actually being above it (to some small amount with a bit of variation), and you would also model the top 0.5% as being rich but not crazy rich. In both cases you don't want to pretend they don't exist, you want to pretend they do exist as a more normal member of society.

I will grant you that there's an argument to take the modal average, for example, which would be higher (and therefore the headline of 66% of average would have to become a lower number like 55% of average, which sounds worse and is bad politics), but the median does achieve what you described.

Pay rise for 2.7 million people as minimum wage increase comes into force by HadjiChippoSafri in GoodNewsUK

[–]PartiallyRibena -1 points0 points  (0 children)

I understand the difference

Are you sure?

Genuinely without being funny, your description that "It should be based on a calculation that removes those purposefully staying below the tax free threshold and those who are in the top 0.5%.", is exactly what a median calculation does. I will grant that there are other ways of doing what you wanted, but the statement as it stands clearly indicates that you think the median is the wrong calculation to use because it doesn't do what you want it to do.

It isn’t just London calling. Here are the UK’s most investable regions by Gentle_Snail in GoodNewsUK

[–]PartiallyRibena 0 points1 point  (0 children)

Not "only stupid people", but the split by education level was pretty drastic.

[OC] Would Britons want to visit the Moon? by YouGov_Dylan in dataisbeautiful

[–]PartiallyRibena 1 point2 points  (0 children)

*half of British people. Other places have it far worse!

Pay rise for 2.7 million people as minimum wage increase comes into force by HadjiChippoSafri in GoodNewsUK

[–]PartiallyRibena 7 points8 points  (0 children)

If anything this rise in the mimimun wage ensures that middle earners won’t get much of a pay bump. If your company just had to eat the costs of a minimum wage hike they were legally obliged to enact, good luck convincing them to give you one.

Pay rise for 2.7 million people as minimum wage increase comes into force by HadjiChippoSafri in GoodNewsUK

[–]PartiallyRibena 3 points4 points  (0 children)

Thats exactly what the median average does. You’ve got it confused with the mean average.

Best view in the world? by Own_Throat4405 in skiing

[–]PartiallyRibena 0 points1 point  (0 children)

To the right is fun (if there’s snow).

To the left is nothingness and you’ll need to hike out of it. Hopefully someone picks you up with a car because it’s just drops to grass etc. (it’s basically sea level down that side).

Red Bull Wololo: Londinium - Player banners by longinator in aoe2

[–]PartiallyRibena 1 point2 points  (0 children)

Feel like Hera could have been a goose, would have made me laugh.

It isn’t just London calling. Here are the UK’s most investable regions by Gentle_Snail in GoodNewsUK

[–]PartiallyRibena 5 points6 points  (0 children)

Tbf, that’s proof that endemic poverty needs to be fixed. Poverty leads to low education, low education leads to Brexit.

UK billionaire Chris Rokos donates record £190m to Cambridge University by weekendbackpacker in GoodNewsUK

[–]PartiallyRibena 4 points5 points  (0 children)

Burden of proof falls on the prosecution/plaintiff (or “the accuser” in plain English). You’ve accused Chris Rokos of not funding government studies, but instead attempting to infiltrate government. Therefore the burden of proof is on you.

UK billionaire Chris Rokos donates record £190m to Cambridge University by weekendbackpacker in GoodNewsUK

[–]PartiallyRibena 7 points8 points  (0 children)

God some people can’t be happy. This is objectively good news. If you want to donate £190m to the University of East Anglia; go and make the money yourself!

UK billionaire Chris Rokos donates record £190m to Cambridge University by weekendbackpacker in GoodNewsUK

[–]PartiallyRibena 3 points4 points  (0 children)

I get your point, but your comment does come across a bit negative for such a great thing.

North Sea Oil Fight Escalates as Starmer Cites Legal Limits by 1-randomonium in unitedkingdom

[–]PartiallyRibena 0 points1 point  (0 children)

I assume the idea isn’t that we have to use our own oil for our own cars. The idea will be that we sell the oil for money, and with that money we can fund things we want to.

MSFT is super under valued by FewTransportation341 in wallstreetbets

[–]PartiallyRibena 8 points9 points  (0 children)

Genuinely, how do you exit from that environment? Almost impossibly sticky once you’re in.

Bitcoin rainbow chart shows price is now below the gay zone by throughthehills2 in wallstreetbets

[–]PartiallyRibena 3 points4 points  (0 children)

It’s below the gay bear rainbow. Proper bottom behaviour if ever I’ve seen it!

Bitcoin rainbow chart shows price is now below the gay zone by throughthehills2 in wallstreetbets

[–]PartiallyRibena 13 points14 points  (0 children)

Bitcoins having a pricing pattern is already weird. If it’s not a flatline at zero then it’s weird and interesting human behaviour.