It might, very very slightly go down. But the way you have to think about a media is this:
Put all 342 million Americans in a single line, sorted by net worth from west to east in increasing order.
Find the person standing in the middle, i.e. person 171 million. That’s the median net worth.
Now remove the top 10 richest people, i.e. behead the snake politely ask the 10 people standing easternmost to leave the line. Now to find the new median, go back to the original median person and move five to the left. That’s the new median.
Most likely, you’d have a negligible amount of change. Maybe a couple of bucks.
ALso note that for this it does not matter just HOW rich the richest persons are.
The median would not stay the same if you removed the ten richest people. It wouldn’t decrease as much as the mean, but it would still go down.
It might, very very slightly go down. But the way you have to think about a media is this:
Put all 342 million Americans in a single line, sorted by net worth from west to east in increasing order. Find the person standing in the middle, i.e. person 171 million. That’s the median net worth.
Now remove the top 10 richest people, i.e.
behead the snakepolitely ask the 10 people standing easternmost to leave the line. Now to find the new median, go back to the original median person and move five to the left. That’s the new median.Most likely, you’d have a negligible amount of change. Maybe a couple of bucks.
ALso note that for this it does not matter just HOW rich the richest persons are.