OpenStax, Introductory Statistics 2e §2.5 Measures of the Center of the Data · Example 2 · Statistics · Describing data

Measures of the Center of the Data · Example 2

Suppose that in a small town of 50 people, one person earns $5,000,000 per year and the other 49 each earn $30,000. Which is the better measure of the "center": the mean or the median?

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OpenStax, Introductory Statistics 2e · §2.5 Measures of the Center of the Data · Example 2

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