Which job would be better?
One that has a salary where the mean and median are close OR
one where the salary of the mean and median have huge gap (like mean 36,000 and median 20,000)
2 answers
one with the mean and median close
Are you assuming that the person has the mean or median salary? You cannot judge a person's salary by the difference between mean and median, unless the salary = either measure. Where your salary is in the distribution is more important than the mean/median values. (e.g., If your salary is the lowest in the distribution, you will be dissatisfied, regardless of the values of the mean/median.)
Also, remember that the mean is most influenced by extreme scores, whether they are higher or lower.
Also, remember that the mean is most influenced by extreme scores, whether they are higher or lower.
2 answers