Posted by anoneemose on Saturday, January 19, 2013 at 9:35pm.
A company is trying to show that their wages are fair. The mean salary is $45,000 but the median is $67,000. Which should they use for their position?

statistics  PsyDAG, Sunday, January 20, 2013 at 12:34pm
The mean is more influenced by deviant scores, so this distribution is negatively skewed (pulled out to the left or lower end). With a skewed distribution, the median (50 percentile) is the best measure of central tendency, since of the three (mean, mode, median), it will typically be the most central.
Who are earning those extremely low wages that are skewing the distribution?

statistics  anoneemose, Sunday, January 20, 2013 at 1:02pm
haha, beats me, but I would not want to work there!
Answer This Question
Related Questions
 Math  Which major should Derrick pick based on the starting salary? Business: ...
 Algebra  Which job would be better? One that has a salary where the mean and ...
 programming concepts  Input a list of employee names and salaries stored in ...
 Statistics  The mean and median sales prices of new homes sold in the U.S. in ...
 Statistics  two samples of data regarding salary of Co A and Co B determine if ...
 statistics  the mean annual salary for employees at a company is 36,000. at the...
 math  Can someone show me how to answer this question? Please? I would really ...
 math  Can someone show me how to answer this question? Please? I would really ...
 math  Can someone show me how to answer this question? Please? I would really ...
 statistic  Which "average" would be best to use in the following situation? The...
More Related Questions