Question

If you were offered a job by both companies, which measure (mean or median) would you focus on when deciding which offer to accept? Why did you choose this measure?

Option 1: Mean because it gives the most representative salary.
Option 2: Median because it eliminates the influence of outliers.
Option 3: Mean because it is the middle value in the data.
Option 4: Median because it considers all salary components.

Answer 1

The better measure of center to focus on when deciding which job offer to accept is the median, as it is not influenced by outliers and provides a more accurate representation of the typical salary in each company.

Step-by-step explanation:

The better measure of center to focus on when deciding which job offer to accept is the median. The median is the middle value in a data set and is not influenced by outliers. In this case, if there is one offer that has a significantly higher or lower salary compared to the rest of the offers, the median will provide a more accurate representation of the typical salary in each company. Choosing the median allows you to consider the majority of salary offers and eliminate the influence of extreme values.