Using two times the Average True Range (ATR), Manning estimated that 90% of the price activity should stay within the bands.
And it is true that NPR listeners, on average, are better educated than the average American.
Over time these statements become accepted as true by the media, the average citizen, and the politicians charged with making policy and passing important legislation targeted at fiscal issues.
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That is true whether you look at the average UK household, whose net income grew by 1.2% a year, or the median household, exactly halfway along the income distribution, whose net income grew by 0.6% a year over both periods.
Most of us (myself included) will also readily agree that, if equilibrium money wage rates have been increasing at an annual rate of, say, 4 percent (as was approximately true of U.S. average earnings around 2006), then an unexpected decline in that growth rate to another still positive rate can also lead to unemployment.
This was especially true of women, who consumed an average of 329 more calories when sleep deprived than when well rested.
But in order to compete for the brightest, poor countries need to pay them a much larger multiple of the average wage than would be true in the rich world.
While it is true that college graduates do, on average, earn more over their lifetimes than those possessing only a high school degree, it has not been demonstrated convincingly that college attendance causes this wage differential.
When I said that not everyone can be above average, it was only just true.
It is true: many beneficial new therapies have extended the average life span and have driven a lot of the rise in costs.
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It is true that children of every racial group do better, on average, when their parents have more education.
Our forecast has 3.8 percent, so we're certainly being, I think, very true to history, if anything, erring on slightly below the historical average.
Is there any reason to believe that it is equally true that the public schools which perform poorly continue to perform poorly on average?
That may be true, but with obesity in America reaching epidemic proportions, more "average"-sized people can expect to be squeezed in coach class in the coming years.
True, it's not the median, but it is the average.
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"It is particularly true for the males, which grow up to be shorter-than-average adults, " Prof Lee told BBC News.
Recent research by the Harvard Business Review shows that the average CEO spends 15% of his time alone and the same is likely true for the CMO, so what can be done to enable a CMO able to literally make this happen?
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The Edmunds True Cost to Own calculator lets you see how much it costs to own and operate an average vehicle.
The same effect held true for other auction items, with the result that relaxed participants over-valued items by an average of 15%.
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Moreover, the unit can be powered by either USB or your average AC plug, and even includes digital audio out for a (somewhat) "true" high definition experience.
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True, he has a very strong voice and can certainly tinkle on the old ivories compared to your average chart topping pop star... but not anywhere near to the standard that I would expect to hear at a top jazz gig.
"I find it very frustrating that someone of that stature would not really have true knowledge of the numbers he is actually quoting on things, " Zelt told us, saying the average wait time for a knee replacement is actually 109 days, and a hip replacement is 91 days.
We are always speaking in relative terms, and cordoning off the entire population of America and lumping us on one side and then taking the average wealth of everybody else and lumping that on the other is a fine way to blur true distinctions and actual class issues.
Hints that this might be true emerged a few years ago when it was noted that children with many siblings were less likely than average to contract chronic infections, even though they were more likely to catch non-chronic childhood infections because of their large number of brothers and sisters.
All true, yet who can afford a Princeton education, or send their middle school aged children to Montessori Schools when average incomes are in decline and education loans are some of the biggest financial burdens of those under 40 years old?
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