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Average salary

Median is a type of Average you muppet.
Not really.

If two people earned £10 a year and one earned £300,000:
  • Their average wage is a little over £100,000 per annum
  • Their median wage is exactly £10 per annum
That's obviously an extreme case, but it illustrates how the millionaires and billionaires of the country push the average wage higher than the median.

The mode would be an interesting one. I'd guess it could be the minimum wage.
 
Not really.

If two people earned £10 a year and one earned £300,000:
  • Their average wage is a little over £100,000 per annum
  • Their median wage is exactly £10 per annum
That's obviously an extreme case, but it illustrates how the millionaires and billionaires of the country push the average wage higher than the median.

The mode would be an interesting one. I'd guess it could be the minimum wage.

Another statistical illiterate.
 

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