[quote=jstoesz]The median, something that is often reported is a little closer to the truth, no?
Population A has a median of 50k.
Population B has a median of 10k.
At least that is how I understand mean vs median. Median is the value of the middle number in a set of data, mean is simply the average.
The problem I often see with median data sets is the mix so often changes or is not representative of the real…[/quote]
Yeah good point, I missed that the original post showed median numbers. However I’ll bet we could come up with some data sets in which even that would be misleading. But at least median does give you some idea about the distribution, you know that half of the samples are less and half are higher.