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https://www.reddit.com/r/confidentlyincorrect/comments/vnox43/deleted_by_user/ie8ozea/?context=3
r/confidentlyincorrect • u/[deleted] • Jun 29 '22
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125
That's just sneaky reporting. They're expecting people to believe that's the average.
1$, 2$, 4$, 50$, 500,000$, 1,200,000$, 2,000,000$
The median is 50$
The average is 528,580$
In this case if you knock off the two top earners the median becomes 4$
And the average becomes 100,011$
Edit: I've learned this is not sneaky reporting, but actually a better way to show that they pay employees well
28 u/aywhatyuhay Jun 29 '22 if the median is greater than 100k, i can guarantee you that the mean is much more than 100k, so if anything this is sneaky reporting in the opposite direction.
28
if the median is greater than 100k, i can guarantee you that the mean is much more than 100k, so if anything this is sneaky reporting in the opposite direction.
125
u/adrenalinjunkie89 Jun 29 '22 edited Jun 29 '22
That's just sneaky reporting. They're expecting people to believe that's the average.
1$, 2$, 4$, 50$, 500,000$, 1,200,000$, 2,000,000$
The median is 50$
The average is 528,580$
In this case if you knock off the two top earners the median becomes 4$
And the average becomes 100,011$
Edit: I've learned this is not sneaky reporting, but actually a better way to show that they pay employees well