Concept
Power Law Distribution
A statistical distribution in which a small number of occurrences have very large values while most occurrences have small values, producing a long tail rather than a normal bell curve.
Power Law Distribution
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So you lop that off and it becomes a power distribution. And for for any for any power distribution, the median is going to be far below the average.
Concept
Power Law Distribution
A statistical distribution in which a small number of occurrences have very large values while most occurrences have small values, producing a long tail rather than a normal bell curve.
Related Concepts2
Related Frameworks2
Related Practices6
Ask about this concept
Transcript mentions
So you lop that off and it becomes a power distribution. And for for any for any power distribution, the median is going to be far below the average.