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Karthik Shashidhar

Strategy Consulting | Analytics | Data Science | Market Design

Karthik Shashidhar

income

analytics, mathematics central limit theorem, income, maths, surveys

Surveying Income

February 20, 2019

For a long time now, I’ve been sceptical of the practice of finding out the average income in a country or state or city or locality by doing a random survey. The argument I’ve made is “whether you keep Mukesh Ambani in the sample or not makes a huge difference in your estimate”. So far,…

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