DVC Dues History (Est.) with Annual Increase Figures

I am not trying to be picky but I think the OP may have mixed up his statitical terms. I think Average and Mean essentially are the same thing. The way these tables are constructed I think the OP should have used Mode in place of Mean. Mean is "middle" value and that is what the OP seems to be calculating but instead of calling it mean, they've called it "median" (which is actually the average). I could be wrong about this but I don't think so.

Check out this web site to see an introductory discussion on statistics including definitions of mode, average, mean, and median.

http://www.shodor.org/interactivate/lessons/sm1.html

Here are the definitions for mode, average, mean, and median that I pulled from the web site.

mode
For lists, the mode is the most common (frequent) value. A list can have more than one mode. For histograms, a mode is a relative maximum ("bump")

average
It is better to avoid this sometimes vague term. It usually refers to the (arithmetic) mean, but it can also signify the median, the mode, the geometric mean, and weighted means, among other things

mean
The sum of a list of numbers, divided by the total number of numbers in the list. Also called arithmetic mean

median
"Middle value" of a list. The smallest number such that at least half the numbers in the list are no greater than it. If the list has an odd number of entries, the median is the middle entry in the list after sorting the list into increasing order. If the list has an even number of entries, the median is equal to the sum of the two middle (after sorting) numbers divided by two. The median can be estimated from a histogram by finding the smallest number such that the area under the histogram to the left of that number is 50%
 
bcvillastwo said:
I am not trying to be picky but I think the OP may have mixed up his statitical terms. I think Average and Mean essentially are the same thing. The way these tables are constructed I think the OP should have used Mode in place of Mean. Mean is "middle" value and that is what the OP seems to be calculating but instead of calling it mean, they've called it "median" (which is actually the average). I could be wrong about this but I don't think so.

Where did the OP talk about statisitics? The charts simply show historical dues assessed and the changes year to year.

By the way a median is the middle value in an ordered list (50% of responses above and 50% below). A mean is an arithmetic average of values in a list. Mode is the most common value in a list.
 
JimC said:
Where did the OP talk about statisitics? The charts simply show historical dues assessed and the changes year to year.

Not to mention the fact that this thread is almost two years old... :confused3
 
bcvillastwo said:
I am not trying to be picky but I think the OP may have mixed up his statitical terms. I think Average and Mean essentially are the same thing. The way these tables are constructed I think the OP should have used Mode in place of Mean. Mean is "middle" value and that is what the OP seems to be calculating but instead of calling it mean, they've called it "median" (which is actually the average). I could be wrong about this but I don't think so.

Check out this web site to see an introductory discussion on statistics including definitions of mode, average, mean, and median.

http://www.shodor.org/interactivate/lessons/sm1.html

Here are the definitions for mode, average, mean, and median that I pulled from the web site.

mode
For lists, the mode is the most common (frequent) value. A list can have more than one mode. For histograms, a mode is a relative maximum ("bump")

average
It is better to avoid this sometimes vague term. It usually refers to the (arithmetic) mean, but it can also signify the median, the mode, the geometric mean, and weighted means, among other things

mean
The sum of a list of numbers, divided by the total number of numbers in the list. Also called arithmetic mean

median
"Middle value" of a list. The smallest number such that at least half the numbers in the list are no greater than it. If the list has an odd number of entries, the median is the middle entry in the list after sorting the list into increasing order. If the list has an even number of entries, the median is equal to the sum of the two middle (after sorting) numbers divided by two. The median can be estimated from a histogram by finding the smallest number such that the area under the histogram to the left of that number is 50%


look at what you wrote and what the actual definitions are--
what you wrote:
Mean is "middle" value and that is what the OP seems to be calculating but instead of calling it mean, they've called it "median" (which is actually the average).

What the actual definition says that YOU posted (and it is correct):
median
"Middle value" of a list.

You also wrote:
I could be wrong about this but I don't think so.

I do. The definition is correct. You posted the correct definitions and then somehow still got confused about them in your own post.
 

owtrbnks said:
Thanks. I'm considering a DVC purchase and your charts are very helpful.
[SIZE=+0]You're welcome, owtrbnks. :)

As for bcvillastwo's whole mean/median/mode thing :rolleyes: :sad2:, what I had posted is, in fact, correct. Perhaps the use of "Average" is confusing you, but I preferred that term over "Mean" because most people think of it as "Average". Also, even though this thread is 2 years old, I made sure the data is up to date including 2005 dues figures.

Unfortunately, with the disabling of HTML in posts, I cannot update the tables anymore in the future when 2006 dues are announced. If I attempt to edit my original post, the table formatting will be destroyed. :(

Oh, and I'm a "her", not a "him".[/SIZE]
 
So, in 9 years, BWV has gone up 2.0%/year, and HHI has gone up 2.788%/yr.

NOT BAD!!! Lower than inflation, so again, That proves that Deb is wrong on the Mousesavers website!!

DeerH
 
disneyberry said:
[SIZE=+0]Unfortunately, with the disabling of HTML in posts, I cannot update the tables anymore in the future when 2006 dues are announced. If I attempt to edit my original post, the table formatting will be destroyed. :(

Oh, and I'm a "her", not a "him".[/SIZE]

Given how incredibly helpful the tables are, I wonder whether you might be able to contact a webmaster here who might themselves be willing to paste in the HTML code for you? The tables are just a much more efficient way to present information.

Or, you could let someone else host the tables on their own web site, and you could post a link to it here?
 















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