Reedy's Rocking Chairs employs 10 people. The CEO makes $500,000 each year, and the 9 other employees make $50,000 each. What measure would give you the best idea of what a typical employee makes? A) mean B) range C) median D) mean average deviation
The median would provide the best idea of the salary of a typical employee; the mean and other methods will become inaccurate due to the large difference between the employees' pay and the CEO's pay.
The median would provide the best idea of the salary of a typical employee; the mean and other methods will become inaccurate due to the large difference between the employees' pay and the CEO's pay.
