Summary
Contents
Subject index
In an increasingly data-driven world, it is more important than ever for students as well as professionals to better understand basic statistical concepts. 100 Questions (and Answers) About Statistics addresses the essential questions that students ask about statistics in a concise and accessible way. It is perfect for instructors, students, and practitioners as a supplement to more comprehensive materials, or as a desk reference with quick answers to the most frequently asked questions.
What Is an Example of How the Median Can Be Used?
What Is an Example of How the Median Can Be Used?
You already know from the previous question that the most useful application of the median as a measure of central tendency is to data sets that include extreme scores. As it turns out, one of the most frequent uses of the median is the computation of a measure of central tendency for annual income in the United States and in other developed countries.
The reason for this is that the annual income in these countries is widely varied, as reflected by the range of values and extreme scores.
For example, take the following seven annual salaries listed in descending order from lowest to highest.
You remember that a measure of central tendency is the one score ...
- Loading...