3 ms·
Median means what the 50th percentile earns; mean is the total earned divided by the number of earners. In right-skewed distributions (like wage data) the media
by pavpanchekha 7y ago
Median means what the 50th percentile earns; mean is the total earned divided by the number of earners. In right-skewed distributions (like wage data) the median is less than the mean. In other words, your critique is already answered by the parent.