P07StatisticsBeginnerCalculate10 min

Mean vs Median With a Salary Outlier

Choose the summary statistic that best represents a skewed salary distribution.

#mean#median#outliers

Scenario

A hiring report contains salaries for a small team, including one executive compensation package far above the rest.

Problem statement

Decide whether the mean or median is the more representative typical salary and explain why.

Your Task

  1. Calculate or estimate both statistics.
  2. Describe the effect of the outlier.
  3. State when the mean would still be useful.

Salary data

62,000, 66,000, 68,000, 71,000, 75,000, 620,000

Related Concepts

Skewed distributionsOutliersRobust statistics

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Mark it complete when you have reasoned through the solution in your own words.