Question

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

Answer 1

C.

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.

Answer 2

C.

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.