On average my average is pretty good. “The Fallacy of the Average of Averages”
When analyzing data, averages (or means) often seem like a straightforward way to summarize and compare information. However, there’s a subtle and frequently misunderstood mathematical pitfall known as the fallacy of the average of averages. This mistake can lead to misleading conclusions and flawed decision-making, especially in fields like business, education, healthcare, and data science. […]
