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Median Vs Average. Average income is the mathematical mean of all incomes for that position. So far so good.
Mean Vs Median For Calculating Typical Salary Mean Median And Mode Arithmetic Mean Manufacturing Engineering from www.pinterest.com
The median income for the year was 15000. Again it depends on the question you are asking of the data however if you question is what is the average salary in terms of what is the typical salary of an employee then median would be a much better measure than the mean. The average of a set of numbers is the same as its mean.
The median would be 213 7.
91 84 56 90 70 65 90 92 30 668. This is because the median basically discards all vector elements except for the most central values. In this case divide the sum of the middle numbers 12132 252 125 The median is 125. 91 84 56 90 70 65 90 92 30 668.
