US Authoritarianism

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That’ll be Why the Median is Barely Over 40 (lemmy.world)

submitted 5 months ago* (last edited 5 months ago) by alphanerd4 to c/usauthoritarianism

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Snopes

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[–] Bunnylux 18 points 5 months ago (3 children)

Well, not anything... It's pretty recognized that in most cases, median provides a more realistic and representative measure than average for this very reason (outliers).

[–] SpaceNoodle 7 points 5 months ago* (last edited 5 months ago) (1 children)

The median is an average. It's less susceptible to skew than the mean, the most commonly used average.

[–] Bunnylux 3 points 5 months ago

Ok, I see what you mean. In my education, average and mean we're used interchangeably.

[–] Viking_Hippie 4 points 5 months ago (2 children)

median provides a more realistic and representative measure than average for this very reason (outliers).

Must be a hell of a lot of people earning SO much less than the median wage if the average wage excluding only 1000 out of ~335m is already significantly lower..

[–] Bunnylux 4 points 5 months ago

Yeh

[–] Bertuccio 3 points 5 months ago

I wouldn't be surprised if half of Americans earned less than the median.

[–] [email protected] 3 points 5 months ago (1 children)

The average annual salary in Canada in 2021 was $59,300

The median income in Canada is $68,400, after taxes, according to Statistics Canada's income survey (2021)

Huh.. seems backwards in Canada's case....

[–] SpaceNoodle 2 points 5 months ago* (last edited 5 months ago) (1 children)

Salary and income are not necessarily the same thing.

Most people's incomes are not salaries, I'd think.

[–] [email protected] 2 points 5 months ago* (last edited 5 months ago)

https://www.dundaslife.com/blog/average-income-in-canada#toc-average-canadian-household-income-for-2024

This website seems to use salary and income interchangeably as if they were the same thing.