https://www.youtube.com/watch?v=f_i8Tq032JQ&list=PLRZf05zFBLXIKLD3blbnnFIv85OesJaKc&index=3
1.What is sometimes called ‘luck’ in this video really is better described by random variation. The concept
of regression to the mean is very important. Please think about and write a couple of sentences about a
time in your life when you experienced a regression to the mean.
2.What is one major take-away from the video about income mobility? That is, how easily people who start
out in one income group can move to another income group?