booja@booja.ca to Canada@lemmy.ca · 6 months agoOn April 1, Canadian MPs will earn world's second-highest salary for elected officialsnationalpost.comexternal-linkmessage-square43fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkOn April 1, Canadian MPs will earn world's second-highest salary for elected officialsnationalpost.combooja@booja.ca to Canada@lemmy.ca · 6 months agomessage-square43fedilink
minus-squareNouveau_Burnswick@lemmy.worldlinkfedilinkarrow-up0·6 months agoMean rather than average. Or double the average of the lowest 25% of earners.
minus-squareCanadaPlus@lemmy.sdf.orglinkfedilinkarrow-up0·6 months agoI think you mean median. Mean is the total sum divided by number of data points and is usually what is meant by “average”. Median is whichever one is right in the middle. Mean is significantly higher for incomes because of a few high-earners.
minus-squareNouveau_Burnswick@lemmy.worldlinkfedilinkarrow-up0·6 months agoYou are correct. Seems I made a mode-al error.
Mean rather than average.
Or double the average of the lowest 25% of earners.
I think you mean median. Mean is the total sum divided by number of data points and is usually what is meant by “average”. Median is whichever one is right in the middle. Mean is significantly higher for incomes because of a few high-earners.
You are correct. Seems I made a mode-al error.