Published On Mar 8, 2024
In this video, we try to clear up a misunderstanding. We often get comments that prices are too high for a country. In particular, by people who prefer to look for the cheapest (without wanting to judge). But 'the cheapest' is exactly what you will not find in these values, because in many cases they only have a very limited impact. We use averages. Not just/only 'the cheapest' or 'the most affordable'. That is why we think it is very important that we understand each other. In this VLOG style video, I talk 'live' (without editing) and try to explain how to interpret 'averages' using some examples.
Chapters
00:00 Intro about the video
00:46 The Math behind AVERAGES
02:24 Averages have nothing to do with personal experiences
03:11 Different locations, Different prices, Different reasons
03:59 But what are average values good for?
#average #educationalvideo #what