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	<title>Comments on: Some Thoughts on the &#8220;Lake Wobegon&#8221; Effect</title>
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	<link>http://www.thesimpledollar.com/2009/06/25/some-thoughts-on-the-lake-wobegon-effect/</link>
	<description>Simple, applicable personal finance advice for the modern world</description>
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		<title>By: Mary</title>
		<link>http://www.thesimpledollar.com/2009/06/25/some-thoughts-on-the-lake-wobegon-effect/comment-page-1/#comment-709199</link>
		<dc:creator>Mary</dc:creator>
		<pubDate>Fri, 26 Jun 2009 22:08:38 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3848#comment-709199</guid>
		<description>Please don&#039;t put yourself in a league with the Kos crowd.  You are better and actually helpful!</description>
		<content:encoded><![CDATA[<p>Please don&#8217;t put yourself in a league with the Kos crowd.  You are better and actually helpful!</p>
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		<title>By: tentaculistic</title>
		<link>http://www.thesimpledollar.com/2009/06/25/some-thoughts-on-the-lake-wobegon-effect/comment-page-1/#comment-709108</link>
		<dc:creator>tentaculistic</dc:creator>
		<pubDate>Fri, 26 Jun 2009 20:46:16 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3848#comment-709108</guid>
		<description>Hi Trent, please take this in the very kind spirit of helpfulness in which it is extended.  &quot;compliment&quot; = saying something nice (I have to compliment your outfit today, it&#039;s so nice!), &quot;complement&quot; = 2 or more things going together well (the blue shirt complements her eyes; the flavor of the chardonnay complements the chicken dish).

Not pedantic (ok fine I am the most hideously anal-retentive editor you&#039;ve ever met! That&#039;s why I get the big bucks :) but you are working so hard and so well toward being an excellent writer, and we&#039;re your first line of feedback.</description>
		<content:encoded><![CDATA[<p>Hi Trent, please take this in the very kind spirit of helpfulness in which it is extended.  &#8220;compliment&#8221; = saying something nice (I have to compliment your outfit today, it&#8217;s so nice!), &#8220;complement&#8221; = 2 or more things going together well (the blue shirt complements her eyes; the flavor of the chardonnay complements the chicken dish).</p>
<p>Not pedantic (ok fine I am the most hideously anal-retentive editor you&#8217;ve ever met! That&#8217;s why I get the big bucks :) but you are working so hard and so well toward being an excellent writer, and we&#8217;re your first line of feedback.</p>
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		<title>By: Meg</title>
		<link>http://www.thesimpledollar.com/2009/06/25/some-thoughts-on-the-lake-wobegon-effect/comment-page-1/#comment-709033</link>
		<dc:creator>Meg</dc:creator>
		<pubDate>Fri, 26 Jun 2009 18:30:24 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3848#comment-709033</guid>
		<description>I have read that people who tend to be depressed actually have a much more realistic view of themselves and their abilities when given these testsm, in comparison with those who do not have depression.  

On a related note, one of my favorite movie lines is in Spanglish when the grandmother says &quot;Lately, your low self-esteem is just good common sense!&quot;</description>
		<content:encoded><![CDATA[<p>I have read that people who tend to be depressed actually have a much more realistic view of themselves and their abilities when given these testsm, in comparison with those who do not have depression.  </p>
<p>On a related note, one of my favorite movie lines is in Spanglish when the grandmother says &#8220;Lately, your low self-esteem is just good common sense!&#8221;</p>
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		<title>By: Dave Clark</title>
		<link>http://www.thesimpledollar.com/2009/06/25/some-thoughts-on-the-lake-wobegon-effect/comment-page-1/#comment-708992</link>
		<dc:creator>Dave Clark</dc:creator>
		<pubDate>Fri, 26 Jun 2009 17:10:19 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3848#comment-708992</guid>
		<description>Don&#039;t feel bad about being left behind by the daily kos - you get enough liberal whiners together posting repeatedly, the stats are always going to be high. Keep up the great work and thanks for your insight and thoughts!</description>
		<content:encoded><![CDATA[<p>Don&#8217;t feel bad about being left behind by the daily kos &#8211; you get enough liberal whiners together posting repeatedly, the stats are always going to be high. Keep up the great work and thanks for your insight and thoughts!</p>
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		<title>By: Katy</title>
		<link>http://www.thesimpledollar.com/2009/06/25/some-thoughts-on-the-lake-wobegon-effect/comment-page-1/#comment-708983</link>
		<dc:creator>Katy</dc:creator>
		<pubDate>Fri, 26 Jun 2009 16:50:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3848#comment-708983</guid>
		<description>Great points! Of course, the people who really need to hear this are the ones who think there&#039;s nothing wrong with their over-inflated egos and thus wouldn&#039;t bother reading a blog like this anyhow. (Why would they, when they have all the answers already?) 

But it&#039;s good to know that I&#039;m surrounded by many others here who are also searching for ways to make our lives better while making OURSELVES better. I appreciate that you&#039;re sharing with us ways to improve our lives financially and also taking the time to help us grow personally through introspection. 

Keep up the good work!</description>
		<content:encoded><![CDATA[<p>Great points! Of course, the people who really need to hear this are the ones who think there&#8217;s nothing wrong with their over-inflated egos and thus wouldn&#8217;t bother reading a blog like this anyhow. (Why would they, when they have all the answers already?) </p>
<p>But it&#8217;s good to know that I&#8217;m surrounded by many others here who are also searching for ways to make our lives better while making OURSELVES better. I appreciate that you&#8217;re sharing with us ways to improve our lives financially and also taking the time to help us grow personally through introspection. </p>
<p>Keep up the good work!</p>
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		<title>By: Jill</title>
		<link>http://www.thesimpledollar.com/2009/06/25/some-thoughts-on-the-lake-wobegon-effect/comment-page-1/#comment-708853</link>
		<dc:creator>Jill</dc:creator>
		<pubDate>Fri, 26 Jun 2009 14:07:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3848#comment-708853</guid>
		<description>there&#039;s also an article about the &quot;Lake Wobegon&quot; effect in June&#039;s Report on Business magazine</description>
		<content:encoded><![CDATA[<p>there&#8217;s also an article about the &#8220;Lake Wobegon&#8221; effect in June&#8217;s Report on Business magazine</p>
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		<title>By: MLR</title>
		<link>http://www.thesimpledollar.com/2009/06/25/some-thoughts-on-the-lake-wobegon-effect/comment-page-1/#comment-708841</link>
		<dc:creator>MLR</dc:creator>
		<pubDate>Fri, 26 Jun 2009 13:58:43 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3848#comment-708841</guid>
		<description>I often (sometimes to my dismay) place my skills in competition with others.

At times, it is disheartening. At other times, it is exciting.

I would say that is a good idea to ground yourself. But if you are already pessimistic, don&#039;t worry about others!</description>
		<content:encoded><![CDATA[<p>I often (sometimes to my dismay) place my skills in competition with others.</p>
<p>At times, it is disheartening. At other times, it is exciting.</p>
<p>I would say that is a good idea to ground yourself. But if you are already pessimistic, don&#8217;t worry about others!</p>
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		<title>By: GeorgiaS</title>
		<link>http://www.thesimpledollar.com/2009/06/25/some-thoughts-on-the-lake-wobegon-effect/comment-page-1/#comment-708827</link>
		<dc:creator>GeorgiaS</dc:creator>
		<pubDate>Fri, 26 Jun 2009 13:32:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3848#comment-708827</guid>
		<description>Lenore, yeah, I felt foolish when I realized my mistake. In my defense, for some reason, using a double hyphen (which is what I typed between &quot;all&quot; and &quot;that&#039;s&quot;) comes out not as a dash (as it would in Word, for instance), but a single hyphen. Guess I&#039;ll have to use a colon next time.</description>
		<content:encoded><![CDATA[<p>Lenore, yeah, I felt foolish when I realized my mistake. In my defense, for some reason, using a double hyphen (which is what I typed between &#8220;all&#8221; and &#8220;that&#8217;s&#8221;) comes out not as a dash (as it would in Word, for instance), but a single hyphen. Guess I&#8217;ll have to use a colon next time.</p>
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		<title>By: meredith</title>
		<link>http://www.thesimpledollar.com/2009/06/25/some-thoughts-on-the-lake-wobegon-effect/comment-page-1/#comment-708806</link>
		<dc:creator>meredith</dc:creator>
		<pubDate>Fri, 26 Jun 2009 13:12:39 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3848#comment-708806</guid>
		<description>Trent, I enjoy your blog and read it nearly every day, but I would encourage you to get a better grasp of basic grammar and syntax. 

There are lots of good guides: &quot;Lapsing into a Comma,&quot; by Bill Walsh; &quot;Eats, Shoots &amp; Leaves,&quot; by Lynne Truss; as well as the good old &quot;Elements of Style&quot; by Strunk and White.

Thank you for all of your insightful posts. I have learned a lot from The Simple Dollar.</description>
		<content:encoded><![CDATA[<p>Trent, I enjoy your blog and read it nearly every day, but I would encourage you to get a better grasp of basic grammar and syntax. </p>
<p>There are lots of good guides: &#8220;Lapsing into a Comma,&#8221; by Bill Walsh; &#8220;Eats, Shoots &amp; Leaves,&#8221; by Lynne Truss; as well as the good old &#8220;Elements of Style&#8221; by Strunk and White.</p>
<p>Thank you for all of your insightful posts. I have learned a lot from The Simple Dollar.</p>
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		<title>By: mike</title>
		<link>http://www.thesimpledollar.com/2009/06/25/some-thoughts-on-the-lake-wobegon-effect/comment-page-1/#comment-708795</link>
		<dc:creator>mike</dc:creator>
		<pubDate>Fri, 26 Jun 2009 13:03:46 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3848#comment-708795</guid>
		<description>Obviously didn&#039;t grow up irish or city growed.</description>
		<content:encoded><![CDATA[<p>Obviously didn&#8217;t grow up irish or city growed.</p>
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		<title>By: bell N</title>
		<link>http://www.thesimpledollar.com/2009/06/25/some-thoughts-on-the-lake-wobegon-effect/comment-page-1/#comment-708754</link>
		<dc:creator>bell N</dc:creator>
		<pubDate>Fri, 26 Jun 2009 12:33:07 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3848#comment-708754</guid>
		<description>I think there are other factors at work in the &quot;Lake Wobegon&quot; effect. 
Human minds seem wired to seek out those facts that confirm what they already believe, and to reject what they don&#039;t believe.  If I believe that the moon is blue, I will find people and websites and books that agree with me, and subtly discredit those that don&#039;t.</description>
		<content:encoded><![CDATA[<p>I think there are other factors at work in the &#8220;Lake Wobegon&#8221; effect.<br />
Human minds seem wired to seek out those facts that confirm what they already believe, and to reject what they don&#8217;t believe.  If I believe that the moon is blue, I will find people and websites and books that agree with me, and subtly discredit those that don&#8217;t.</p>
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		<title>By: Jimmy</title>
		<link>http://www.thesimpledollar.com/2009/06/25/some-thoughts-on-the-lake-wobegon-effect/comment-page-1/#comment-708634</link>
		<dc:creator>Jimmy</dc:creator>
		<pubDate>Fri, 26 Jun 2009 11:20:34 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3848#comment-708634</guid>
		<description>Trent says &quot;confident (often quietly so) in areas we have no control over whatsoever (like our continuing health).&quot;

I partially disagree with this statement.  For the majority of the population we very much have control over our health.  Vigorous exercise and a healthy diet can do wonders for the body as we get older. Or any age for that matter.

Could you explain what you mean by this or am I reading it wrong?</description>
		<content:encoded><![CDATA[<p>Trent says &#8220;confident (often quietly so) in areas we have no control over whatsoever (like our continuing health).&#8221;</p>
<p>I partially disagree with this statement.  For the majority of the population we very much have control over our health.  Vigorous exercise and a healthy diet can do wonders for the body as we get older. Or any age for that matter.</p>
<p>Could you explain what you mean by this or am I reading it wrong?</p>
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		<title>By: Lenore</title>
		<link>http://www.thesimpledollar.com/2009/06/25/some-thoughts-on-the-lake-wobegon-effect/comment-page-1/#comment-708613</link>
		<dc:creator>Lenore</dc:creator>
		<pubDate>Fri, 26 Jun 2009 10:26:34 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3848#comment-708613</guid>
		<description>Here&#039;s to Georgia who said, &quot;Yup, being a grammar know-it-all–that’s one area where I have confidence!&quot;  She just committed a run-on sentence with a misplaced hyphen.  Aside from the narcissistic glee I got from being able to make that petty observation, I found this post a little depressing.  It did remind me of a realization I came to long ago though.

Having struggled through an awkward childhood plagued with ridicule, I came to a startling realization at about age 16.  I was suddenly above average in everything I considered important.  I had lost weight and could perform most physical endeavors with undreamt of endurance and grace.  My acne had cleared up, and I had finally come to believe it when people said I was pretty.  My ACT scores were in the 97th percentile, and my GPA was among the top 15 percent at my school.  Best of all, I had overcome crippling shyness and learned to get along with just about anyone.

Then somewhere in my 30s, I realized I had lost many of these advantages.  I was seriously overweight and out of shape.  My skin had lost that youthful radiance and was starting to wrinkle and sag.  Because of mental illness, my intelligence and competency were slipping.  The medication I took for bipolar disorder made me extremely uncomfortable in groups, and I felt incapable of controlling myself in social settings.

At some point, I had to take stock of myself and realize it didn&#039;t matter that I was no longer above average.  We come into this world unable to do much of anything, and we will all return to that state if we live long enough.  I have to enjoy what I am capable of doing now and improve what I can.  Even if I end up being below average or absolutely terrible at most things, I have to love myself for who I am, who I was and who I might yet be.  Comparing myself with others will get me nowhere unless I acknowledge that I don&#039;t have to keep up with anyone or anything in order to be happy.</description>
		<content:encoded><![CDATA[<p>Here&#8217;s to Georgia who said, &#8220;Yup, being a grammar know-it-all–that’s one area where I have confidence!&#8221;  She just committed a run-on sentence with a misplaced hyphen.  Aside from the narcissistic glee I got from being able to make that petty observation, I found this post a little depressing.  It did remind me of a realization I came to long ago though.</p>
<p>Having struggled through an awkward childhood plagued with ridicule, I came to a startling realization at about age 16.  I was suddenly above average in everything I considered important.  I had lost weight and could perform most physical endeavors with undreamt of endurance and grace.  My acne had cleared up, and I had finally come to believe it when people said I was pretty.  My ACT scores were in the 97th percentile, and my GPA was among the top 15 percent at my school.  Best of all, I had overcome crippling shyness and learned to get along with just about anyone.</p>
<p>Then somewhere in my 30s, I realized I had lost many of these advantages.  I was seriously overweight and out of shape.  My skin had lost that youthful radiance and was starting to wrinkle and sag.  Because of mental illness, my intelligence and competency were slipping.  The medication I took for bipolar disorder made me extremely uncomfortable in groups, and I felt incapable of controlling myself in social settings.</p>
<p>At some point, I had to take stock of myself and realize it didn&#8217;t matter that I was no longer above average.  We come into this world unable to do much of anything, and we will all return to that state if we live long enough.  I have to enjoy what I am capable of doing now and improve what I can.  Even if I end up being below average or absolutely terrible at most things, I have to love myself for who I am, who I was and who I might yet be.  Comparing myself with others will get me nowhere unless I acknowledge that I don&#8217;t have to keep up with anyone or anything in order to be happy.</p>
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		<title>By: Irulan</title>
		<link>http://www.thesimpledollar.com/2009/06/25/some-thoughts-on-the-lake-wobegon-effect/comment-page-1/#comment-708550</link>
		<dc:creator>Irulan</dc:creator>
		<pubDate>Fri, 26 Jun 2009 09:06:47 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3848#comment-708550</guid>
		<description>@shadox: The problem with your method is that you are comparing yourself to a group that may or may not be representative of the general population. For instance, your SAT score is relative to all college-bound high school seniors from the year that you took the exam. 
This is probably not the best place to get into the issues of test bias, norming, and the tenuous relationship between aptitude tests and intelligence, though, so I&#039;ll step off of my soap box. =)</description>
		<content:encoded><![CDATA[<p>@shadox: The problem with your method is that you are comparing yourself to a group that may or may not be representative of the general population. For instance, your SAT score is relative to all college-bound high school seniors from the year that you took the exam.<br />
This is probably not the best place to get into the issues of test bias, norming, and the tenuous relationship between aptitude tests and intelligence, though, so I&#8217;ll step off of my soap box. =)</p>
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		<title>By: Foxie</title>
		<link>http://www.thesimpledollar.com/2009/06/25/some-thoughts-on-the-lake-wobegon-effect/comment-page-1/#comment-708302</link>
		<dc:creator>Foxie</dc:creator>
		<pubDate>Fri, 26 Jun 2009 03:26:42 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3848#comment-708302</guid>
		<description>I sure hope nobody with self-esteem issues were to read this. I&#039;m still working through a LOT of the self-esteem/selfish dynamic myself... And, sorry, I don&#039;t see putting myself first as &quot;selfish.&quot; (In fact, it benefits my husband so much more when I take care of me first. He&#039;s quite capable of taking care of himself I&#039;ve found.)

It&#039;s thin ice at best, I guess. Having self-esteem and confidence vs. being narcissistic and cocky. Take it all with a pinch of salt and a healthy dose of modesty and society would be much better.

That and I do consider myself a better driver than average... I have the courtesy to everyone else to NOT talk on my phone, eat, put on makeup, etc while I&#039;m driving with YOU. I drive and only drive, maybe have music playing but never very loud.... Is it really too much to ask for people to pay attention when driving?! (Just throwing it out there.... I know I rub a lot of people the wrong way. I blame my age. There goes the confidence. Or cockiness. Suppose it depends on point of view.)</description>
		<content:encoded><![CDATA[<p>I sure hope nobody with self-esteem issues were to read this. I&#8217;m still working through a LOT of the self-esteem/selfish dynamic myself&#8230; And, sorry, I don&#8217;t see putting myself first as &#8220;selfish.&#8221; (In fact, it benefits my husband so much more when I take care of me first. He&#8217;s quite capable of taking care of himself I&#8217;ve found.)</p>
<p>It&#8217;s thin ice at best, I guess. Having self-esteem and confidence vs. being narcissistic and cocky. Take it all with a pinch of salt and a healthy dose of modesty and society would be much better.</p>
<p>That and I do consider myself a better driver than average&#8230; I have the courtesy to everyone else to NOT talk on my phone, eat, put on makeup, etc while I&#8217;m driving with YOU. I drive and only drive, maybe have music playing but never very loud&#8230;. Is it really too much to ask for people to pay attention when driving?! (Just throwing it out there&#8230;. I know I rub a lot of people the wrong way. I blame my age. There goes the confidence. Or cockiness. Suppose it depends on point of view.)</p>
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		<title>By: shadox</title>
		<link>http://www.thesimpledollar.com/2009/06/25/some-thoughts-on-the-lake-wobegon-effect/comment-page-1/#comment-708296</link>
		<dc:creator>shadox</dc:creator>
		<pubDate>Fri, 26 Jun 2009 03:23:06 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3848#comment-708296</guid>
		<description>I am always wondering about my own abilities and I have found that the best way to measure them is to find an objective metric(as you suggest with subscriber count for example). GMAT / SAT scores, annual income, blood pressure, whatever metric you can use that is difficult to fudge is a good and  objective place to start. Of course, those metrics only apply to the specific area they are meant to measure...

In my case, if you take the subscriber count for your blog as a measure, after 2+ years of running my blog, all my illusions of superiority have justifiably disappeared... :-)</description>
		<content:encoded><![CDATA[<p>I am always wondering about my own abilities and I have found that the best way to measure them is to find an objective metric(as you suggest with subscriber count for example). GMAT / SAT scores, annual income, blood pressure, whatever metric you can use that is difficult to fudge is a good and  objective place to start. Of course, those metrics only apply to the specific area they are meant to measure&#8230;</p>
<p>In my case, if you take the subscriber count for your blog as a measure, after 2+ years of running my blog, all my illusions of superiority have justifiably disappeared&#8230; :-)</p>
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		<title>By: a conscience life</title>
		<link>http://www.thesimpledollar.com/2009/06/25/some-thoughts-on-the-lake-wobegon-effect/comment-page-1/#comment-708245</link>
		<dc:creator>a conscience life</dc:creator>
		<pubDate>Fri, 26 Jun 2009 02:18:33 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3848#comment-708245</guid>
		<description>@Beverly

I sure hope that I don&#039;t come off as overly pedantic (which means I will), BUT I feel that this is worth correcting, since statistics is so often misunderstood but so often encountered in day-to-day life.  Please take this in the spirit of trying to help (rather than jumping down your throat).  

You said &quot;50% of drivers think they are better than average. This is obviously not possible&quot;

Actually, it is quite possible.  Consider the following example.  Take 100 drivers, each that drive for one year.  99 drivers get in zero accidents in that year and 1 driver gets in 100 accidents in that year.  Over the course of that year the &quot;average&quot; driver got in 1 accident.  Thus, there are 99 drivers (99%) That are above &quot;average.&quot;  

This just serves to highlight the difficulties in quoting and interpreting statistics.  There is a lot of &quot;common sense&quot; that gets in the way of correctly gaining information from the statistics that one is presented with on a daily basis.  Granted, the example that I used was an extreme case, but I think the point is quite valid.  This is why it is always nice to see other statistical information (ie. standard deviation, median, etc) along with the average (mean).</description>
		<content:encoded><![CDATA[<p>@Beverly</p>
<p>I sure hope that I don&#8217;t come off as overly pedantic (which means I will), BUT I feel that this is worth correcting, since statistics is so often misunderstood but so often encountered in day-to-day life.  Please take this in the spirit of trying to help (rather than jumping down your throat).  </p>
<p>You said &#8220;50% of drivers think they are better than average. This is obviously not possible&#8221;</p>
<p>Actually, it is quite possible.  Consider the following example.  Take 100 drivers, each that drive for one year.  99 drivers get in zero accidents in that year and 1 driver gets in 100 accidents in that year.  Over the course of that year the &#8220;average&#8221; driver got in 1 accident.  Thus, there are 99 drivers (99%) That are above &#8220;average.&#8221;  </p>
<p>This just serves to highlight the difficulties in quoting and interpreting statistics.  There is a lot of &#8220;common sense&#8221; that gets in the way of correctly gaining information from the statistics that one is presented with on a daily basis.  Granted, the example that I used was an extreme case, but I think the point is quite valid.  This is why it is always nice to see other statistical information (ie. standard deviation, median, etc) along with the average (mean).</p>
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		<title>By: Beverly D</title>
		<link>http://www.thesimpledollar.com/2009/06/25/some-thoughts-on-the-lake-wobegon-effect/comment-page-1/#comment-708165</link>
		<dc:creator>Beverly D</dc:creator>
		<pubDate>Fri, 26 Jun 2009 00:54:38 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3848#comment-708165</guid>
		<description>When I first started learning about statistics, one of the first examples was that over 50% of drivers think they are better than average. This is obviously not possible. 

Subscriber count may have relevance to how successful the blog becomes, but it is not a factor in how well you write. Many other factors are involved in the blog: interest in the subject, style of the blogger, overall feeling of credibility, and others. 

I love this blog and follow you daily. Keep up the great work, even if you do occasionally use an incorrect form here and there.</description>
		<content:encoded><![CDATA[<p>When I first started learning about statistics, one of the first examples was that over 50% of drivers think they are better than average. This is obviously not possible. </p>
<p>Subscriber count may have relevance to how successful the blog becomes, but it is not a factor in how well you write. Many other factors are involved in the blog: interest in the subject, style of the blogger, overall feeling of credibility, and others. </p>
<p>I love this blog and follow you daily. Keep up the great work, even if you do occasionally use an incorrect form here and there.</p>
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		<title>By: a conscience life</title>
		<link>http://www.thesimpledollar.com/2009/06/25/some-thoughts-on-the-lake-wobegon-effect/comment-page-1/#comment-708100</link>
		<dc:creator>a conscience life</dc:creator>
		<pubDate>Thu, 25 Jun 2009 23:27:36 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3848#comment-708100</guid>
		<description>Since this is a financial blog, I will make the comment that exactly the opposite seems to be true of people when they rate their economic place is society.  I say this based on the low savings rate in this country (The US).  It seems that people think they must spend more money on things and experiences because &#039;everyone else does.&#039;   This is, of course, the well-known problem of &quot;keeping up with the Jones&#039;s&quot;, but it struck me that perhaps one reason for this feeling is that one might think that they are not &#039;experiencing life&#039; (read: buying stuff) to the same extent as those people they perceive as being in the same socio-economic class.  Just a thought I had.</description>
		<content:encoded><![CDATA[<p>Since this is a financial blog, I will make the comment that exactly the opposite seems to be true of people when they rate their economic place is society.  I say this based on the low savings rate in this country (The US).  It seems that people think they must spend more money on things and experiences because &#8216;everyone else does.&#8217;   This is, of course, the well-known problem of &#8220;keeping up with the Jones&#8217;s&#8221;, but it struck me that perhaps one reason for this feeling is that one might think that they are not &#8216;experiencing life&#8217; (read: buying stuff) to the same extent as those people they perceive as being in the same socio-economic class.  Just a thought I had.</p>
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		<title>By: Mang</title>
		<link>http://www.thesimpledollar.com/2009/06/25/some-thoughts-on-the-lake-wobegon-effect/comment-page-1/#comment-708081</link>
		<dc:creator>Mang</dc:creator>
		<pubDate>Thu, 25 Jun 2009 22:19:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.thesimpledollar.com/?p=3848#comment-708081</guid>
		<description>Nice post. A newer study by Kruger (1999) had participants rate their own ability compared to others on a list of skills. Half of these skills were difficult (e.g. computer programming) and the other half were easy (e.g. using a computer mouse). Participants were also asked to rate the difficulty of these skills. There was an above-average effect for easy tasks and a below-average effect for difficult tasks. People thought that were above average on easy tasks, but thought that they were below average on difficult tasks. It varies between people, for example, saving money could be easy for some and difficult for others.</description>
		<content:encoded><![CDATA[<p>Nice post. A newer study by Kruger (1999) had participants rate their own ability compared to others on a list of skills. Half of these skills were difficult (e.g. computer programming) and the other half were easy (e.g. using a computer mouse). Participants were also asked to rate the difficulty of these skills. There was an above-average effect for easy tasks and a below-average effect for difficult tasks. People thought that were above average on easy tasks, but thought that they were below average on difficult tasks. It varies between people, for example, saving money could be easy for some and difficult for others.</p>
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