3 ms·
Uh, no, it is not safe to say that salaries are normally distributed, and they certainly aren't. The salary distribution graph for a large corporation is likel
by jellicle 9y ago
Uh, no, it is not safe to say that salaries are normally distributed, and they certainly aren't.
The salary distribution graph for a large corporation is likely to look something like this:
http://www.visier.com/wp-content/uploads/2016/05/Graph-showing-the-US-income-distribution-for-fully-employed-workers-who-are-newly-eligible-for-overtime-under-the-new-FLSA-rule.png http://www.visier.com/wp-content/uploads/2016/05/Graph-showi...
with a very, very, very long tail to the right representing the salaries of the CEO and senior executives. Depending on the corporation, there may be multiple humps ("salaries for Amazon warehouse workers" representing one hump, and "salaries for Amazon programmers" representing another, for example).
It's nothing like a normal curve.
- mywittyname 9y ago> It's nothing like a normal curve. If the data comes from a sample, then it's going to normal, regardless of the underlying distribution. So the mean and median will be approximately the same.
- nimithryn 9y agoYou may be confusing the distribution of the means of the samples (which will be normally distributed if the Central Limit Theorem holds) with the sample itself (which will not generally be normally distributed).