Tuesday, June 22, 2004

So what's the standard deviation? 

More hilarity from our local newspaper, today's edition, page 6A, top left corner.
Weekly Gas Price Watch

Prices as of Monday

National Average Price: $1.937

Local Average Price: $1.77*

Local High: $1.86 on June 15

...

*Based on price observed at one Division Street station.

Compiled by Times staff

Wow, that's some serious statistics there. Perhaps Rand Simburg had it right, that we need a No Reporters Left Behind Act. "Compiled by Times staff"??? This is our new joke: "How many reporters does it take to observe a price?"

And it turns out this isn't a one-time phenomenon. Notice how the local high is different? Did they change gas stations?

No word yet on what the median was.


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