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If you were applying for a job and the boss said: “We have 7 employees and the average salary is $100,000,” would you hope that “average” refers to the mean, the median, or the …
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If you were applying for a job and the boss said: “We have 7 employees and the average salary is $100,000,” would you hope that “average” refers to the mean, the median, or the …
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Jul 27, 2019
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If you were applying for a job and the boss said: “We have 7 employees and the average salary is $100,000,” would you hope that “average” refers to the mean, the median, or the mode salary? Why?
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BcWeb
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When applying for the job, we would hope that is the mode. The mode is the value that appears most often; if most people in the office make $100,000 that may speak better of your potential salary.
Erik Villegas
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Jul 31, 2019
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