Asked by Lo
The 99 employees in a factoryearn a salary of $35,000 per year, while the CEO makes $266,000 annually. What are the mean, median salaries for all 100 people? Is the mean or median the more appropriate measure of "center" in this case? Explain.
Answers
Answered by
bobpursley
consider the mean: 37,300; mode: 35,000; median 35,000
In a crazy case like this, none really address the skewness, but without doubt, the mean is the nearest to the center.
In a crazy case like this, none really address the skewness, but without doubt, the mean is the nearest to the center.
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