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#reading-8-statistical-concepts-and-market-returns
Question
Looking at [...] income is usually more informative than looking at [...] income
Answer
median

mean

Tags
#reading-8-statistical-concepts-and-market-returns
Question
Looking at [...] income is usually more informative than looking at [...] income
Answer
?

Tags
#reading-8-statistical-concepts-and-market-returns
Question
Looking at [...] income is usually more informative than looking at [...] income
Answer
median

mean
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Subject 4. Measures of Center Tendency
, actually). To find the median, take the arithmetic mean of the two middle observations. The median is less sensitive to extreme scores than the mean. This makes it a better measure than the mean for highly skewed distributions. <span>Looking at median income is usually more informative than looking at mean income, for example. The sum of the absolute deviations of each number from the median is lower than the sum of absolute deviations from any other number. Note that whenever you c

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