Question

If you were applying for a job and the boss said: “We have 7 employees and the average salary is $100,000,” would you hope that “average” refers to the mean, the median, or the mode salary? Why?

Answer 1

When applying for the job, we would hope that is the mode.  The mode is the value that appears most often; if most people in the office make $100,000 that may speak better of your potential salary.