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April 16, 2014

April 16, 2014

Posted by **Barbara** on Sunday, May 1, 2011 at 11:04am.

I have been working at this all evening and can not seem to feel comfortable with my solutions. Could some help me please and show me how the answer was found. Thank you!

- Math -
**MathMate**, Sunday, May 1, 2011 at 11:38am - Math -
**PsyDAG**, Sunday, May 1, 2011 at 11:40amMedian = $28,000

Mean = [(99 * 28,000) + 766,000]/100 = ?

The mean functions as a fulcrum (balance point), therefore it is most influenced by deviant scores. Compare the above value of the mean to one without the CEO's salary. Therefore the median is the best measure of central tendency with a skewed distribution.

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