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Mean or Median? A statistics class with 40 students

Chapter 3, Problem 10RE

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QUESTION:

Problem 10RE

 

Mean or Median? A statistics class with 40 students consists of 30 students with no income, 10 students with small incomes from part-time jobs, and a professor with a very large income that is well deserved. Which is better for describing the income of a typical person in this class: mean or median? Explai

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QUESTION:

Problem 10RE

 

Mean or Median? A statistics class with 40 students consists of 30 students with no income, 10 students with small incomes from part-time jobs, and a professor with a very large income that is well deserved. Which is better for describing the income of a typical person in this class: mean or median? Explai

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In this case Median is better for describing income of a typical person in this class.

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