Average salary

[Doggy Styles]

Lets say there are 6 people with salaries (all in K)
10 20 20 30 40 100

The median is 25, the mode is 20 and the mean is approx 36.

See how the mean is distorted by the 100K person?

Hmmm. That's what I said right near the start of this thread, but someone called me statistically illiterate for saying it.

 

[ThomasSoerensen]

So say you're left with €2,000 after deductions you've got your rent, utilities, travel, living expenses, etc. which basically leaves you with bugger all. Thats why beer and fags are cheaper here

Yes, some basic food here is very cheap.
I read somewhere some time ago that the Germans are the Europeans who are ranked lowest when comparing the relative spending on food. And they are in the top when comparing how much they spend on fuel for cars.
but I take your point, if I was a single man living here I could live very very cheaply. But it would not be pretty.

 

[ThomasSoerensen]

Hmmm. That's what I said right near the start of this thread, but someone called me statistically illiterate for saying it.

I agree completely.

 

[sasguru]

Did you ever answer my question here?
http://forums.contractoruk.com/general/63247-average-salary-8.html#post1270251

How many people?

How about you try and work it out for yourself, given that you know what a median is?
Try not to move your lips as you think.

 

[d000hg]

Seriously, you're still bickering over who knows what average means? I say let SasGuru win this one, he's known about being average his whole life.

 

[sasguru]

Seriously, you're still bickering over who knows what average means? I say let SasGuru win this one, he's known about being average his whole life.

Says the believer in the supernatural. Talk about being one of the masses.

 

[d000hg]

Says the believer in the supernatural. Talk about being one of the masses.

Yeah being in a minority group definitely makes me one of the masses.

 

[ThomasSoerensen]

How about you try and work it out for yourself, given that you know what a median is?
Try not to move your lips as you think.

FOAD