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> Which makes the argument of your initial comment, that the median is not a meaning of "average", again, false. As you note, my point is that "average" is mos
by khazhoux 7y ago
> Which makes the argument of your initial comment, that the median is not a meaning of "average", again, false.
As you note, my point is that "average" is most commonly understood as mean.
The original article seems to fall prey to the classic mean-vs-median distinction. The compensation numbers being presented do not necessarily represent what one would expect. FAANGs are known to give a small number of employees multi-million-dollar comp packages -- that will skew the average (erm... mean) but not the median.
- dredmorbius 7y agoFair point, and a highly useful one to keep in mind when looking at long-tail vs. normally-distributed statistics. The article ... contains numerous misspellings and other flaws (I can note though not really complain as I do similarly...), but yes, really should note which of the various available "average" values it's considering.