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That would depend on many variables, including occupation, political or geographic region, time of year, market conditions, and so on. As you would know, if you pause to consider, the average salary for (say) a managing director varies widely across industries.

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12y ago

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Related Questions

What is dispersion method?

It is the measure of central tendency.


Is range a measure of central tendency?

no it is a measure of dispersion.


What do you mean by measures of central tendency and dispersion?

Common measures of central tendency are the mean, median, mode. Common measures of dispersion are range, interquartile range, variance, standard deviation.


What is the difference between the measures of central tendency and the measures of dispersion?

difference


Are measures of central tendency complement to measures of dispersion?

call thi


Why is range not a measure of central tendency?

Measures of central tendency are averages. Range , the difference between the maximum and the minimum, is a measure of dispersion or variation.


Which measures of central tendency become larger as the data is more dispersed?

None. Measures of central tendency are not significantly affected by the spread or dispersion of data.


What measure of dispersion is used with bimodal distribution?

Central tendency is used with bidmodal distribution. This measure if dispersion is similar to the median of a set of data.?æ


Why measure of central tendency and measure of dispersion are complementary to each other?

for answer study the handouts of STA 301 of vu.


Why measures of dispersion are important along with measures of central tendency to understand the nature of the data?

Central tendency will only give you information on the location of the data. You also need dispersion to define the spread of the data. In addition, shape should also be part of the defining criteria of data. So, you need: location, spread & shape as best measures to define data.


Which is the most accurate of mode mean median and range?

Accuracy depends on what you are trying to measure.As a measure of central tendency, the range is totally useless because it is not a measure of central tendency. As a measure of spread (dispersion), it is the most accurate because it is the only one that measures spread: the other threee are totally useless.With nominal data, the median and mean are not defined and so cannot be accurate.And so on.Accuracy depends on what you are trying to measure.As a measure of central tendency, the range is totally useless because it is not a measure of central tendency. As a measure of spread (dispersion), it is the most accurate because it is the only one that measures spread: the other threee are totally useless.With nominal data, the median and mean are not defined and so cannot be accurate.And so on.Accuracy depends on what you are trying to measure.As a measure of central tendency, the range is totally useless because it is not a measure of central tendency. As a measure of spread (dispersion), it is the most accurate because it is the only one that measures spread: the other threee are totally useless.With nominal data, the median and mean are not defined and so cannot be accurate.And so on.Accuracy depends on what you are trying to measure.As a measure of central tendency, the range is totally useless because it is not a measure of central tendency. As a measure of spread (dispersion), it is the most accurate because it is the only one that measures spread: the other threee are totally useless.With nominal data, the median and mean are not defined and so cannot be accurate.And so on.


Advantages of measures of central tendency?

Benefits of Central Tendency