Thursday, June 05, 2008

Statistics Lovers - Updated July 04 08

1. Distribution of World Wealth:
Assume there were only $100 in the world, and there were 100 people. Then by today's distribution,
  • How much would the richest man own? (Correct answer: $25)
  • How many dollars do you think the poorest 50% own between them? (Correct answer: $1)
  • How many dollars do you think people in North America, Europe, Japan and Australia own between them? (Correct answer: $90)
Source: (Adaptation) World Institute for Development Economics Research

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2. Distribution of World Oil:
  • If you go to a gas station in the U.S, what is the probability that the gas might have originated from Saudi Arabia? Your choices are: 50%, 25%, 15%, 7%. (Correct answer: 7%)
  • If you go to a gas station in the U.S, what is the probability that the gas might have originated from the U.S itself? Your choices are: 50%, 25%, 15%, 7%. (Correct answer: 50%)
Surprised yourself? Alright, why don't you check this interactive map?

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3. Distribution of World Rice Production:
  • Asia is known widely to produce the lion's share of rice in the world? What percentage of the world's rice comes from Asian countries? Your choices are: 90%, 80%, 70%, 60%. (Correct answer: 90%)
  • It is no secret that China and India consume, between them, 50% of the rice produced in the world. What's your guess about the percentage consumed by the U.S? Your choices are: 1%, 1.5%, 2%, 2.5% (Correct answer: 1%)
Source: www.irri.org

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