Debate Magazine

Fun With Numbers

Posted on the 08 January 2020 by Markwadsworth @Mark_Wadsworth

From City AM:
... thanks to a concerted push to appeal to younger buyers, the 111-year-old company has managed to bring the average age of its clientele down by 13 years over the last decade to just 43.
“That means that for everybody who is 60 [buying a Rolls-Royce], you have somebody who is 20,” chief executive Torsten Muller-Otvos told City A.M.

Nope, mathematically wrong and seems unlikely. More likely is e.g. for every 60 year old buyer there are nine 42 year olds; or four 39 year olds.


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