The firm's average salary
Open answerA five-person firm pays salaries of €1500, €1600, €1700, €1800 and €20,000. Compute the mean and the median, explain why they differ so much, and say which indicator should be published.
A five-person firm pays salaries of €1500, €1600, €1700, €1800 and €20,000. Compute the mean and the median, explain why they differ so much, and say which indicator should be published.