Word: medians
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...real world between 1970 and 1976, the median income of American families and consumer prices generally both rose about 47%. But, reports the M.I.T.-Harvard Joint Center for Urban Studies, the median price of existing houses jumped 65%, from $23,030 to $38,100. Worse, newhouse prices shot up 89%, to $44,200. The growth in size and quality of the houses brought part of this great increase, but most of it was produced by housing inflation...
Some builders regard the M.I.T.-Harvard study as excessively gloomy. They contend that income is not the only measure of whether a family can afford to buy; huge numbers of people own houses that they can sell at a profit and use the equity to help buy another. The median-priced new house is out of sight for millions of people, but by definition, half of all houses are priced below the median. Even young first-time buyers can usually find something in the lower price ranges, though often it will be much less house than they dreamed about...
...with dread each year by a million high school students, began to drift downward-after holding steady for decades. The mean score for verbal ability, measured on the SAT'S 200 to 800 scale, dropped gradually from 478 in the 1962-63 academic year into the 430s. The median mathematics score slipped from 502 into the 470s. In 1975, when the combined score plunged eleven points in just one year, alarmed parents and educators demanded to know why. The widespread concern prompted the College Entrance Examination Board and the Educational Testing Service, which sponsor and develop the exam...
...well that Laetrile doesn't work." But backers put their faith in tales of miracle apricot-pit cures and refuse to be dissuaded. Many are impatient with the pace of cancer research and suspect that doctors and the drug industry are more interested in profits than cures. The median cost of conventional cancer treatment, including surgery, radiation and chemotherapy, is about $19,000 per patient; Laetrile goes for $1 a capsule and about $10 a shot...
...times Wald's preoccupation with the universal and his disinterest in the earthly annoys those with whom he works. A sectionman from one of his courses says Wald is not a harsh grader but is often unaware of Harvard's norms, once recommending a C median for an hourly--something the sectionman says "just isn't done here...