R
rdean
Guest
- Thread starter
- #21
Rdean do you know the difference between average and median? The author in your link does not and your title implies that you don't either.
http://www.bvmarketdata.com/pdf/Median-Mean.pdf
0.45
0.47
0.49
0.49
0.52
0.55
0.55
0.60
0.61 Middle of sorted sample set
0.62
0.70
0.74
0.76
0.80
0.91
5.30
10.40
0.61 Median
1.47 Mean (Average)
If you simple took the salaries of everyone in the state, added them together, and divided by the number of people, it would skew the results. You wouldn't really get the salary of the middle of the state.
But for teachers, they are ALL teachers. So it's not that same.
Why does your title say "average" when there is no data that shows average?
Because I included two links to "average" salaries?