Mean and Median Measures of Salaries for Employee

INSTRUCTIONS:

In the business world, the mean salary is often used to describe the salaries of employees of a company. However, the median salary may be a better measure of the salaries than the mean. Which is the better measure of central tendency? and Why?

The number of vacation days taken by employees of a company is normally distributed with a mean of 14 days and a standard deviation of 3 days. For the next employee, what is the probability that the number of days of vacation taken is less than 10 days? More than 21 days?

CONTENT:

Normal distributions: Module 2 Discussions Name Course Instructor Date Mean and median measures of salaries for employee The best measure of central tendency depends on the data values and variable being measured (Weiers, Gray & Peters, 2008). The mean salary is the most common measure used, but it is affe

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