give an example of a situation where the median is likely a
give an example of a situation where the median is likely a better average to use to describe the center location of quantitative data as compared to the mean
give an example of a situation where the median is likely a better average to use to describe the center location of quantitative data as compared to the mean
give an example of a situation where the median is likely a better average to use to describe the center location of quantitative data as compared to the mean
Solution
Suppose we want to estimate the average salary in a town. We know that salary cannot be negative, but for a very small fraction of individuals, it can be extremely high. In this case, the mean salary of town is inflated because of large outliers on the right. But median salary gives correct estimate of central tendency because median is not affected by those outliers.
