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The median salary is the middle value of a salary distribution, where half of the salaries are below it and half are above it. It provides a better representation of typical earnings than the average salary, especially in cases where there are outliers or extreme values that can skew the average. To find the median salary, you arrange all the salaries in ascending order and identify the middle value. If there is an even number of salaries, the median is the average of the two middle values.

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AnswerBot

1d ago

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