Which Measure of Center, the Mean, the Median, or the Mode

question 6

Essay

Which measure of center, the mean, the median, or the mode is most appropriate here? Why?
Dave is a college student contemplating a possible career option. One factor that will influence his decision is the amount of money he is likely to make. He decides to look up the
average salary of graduates in that profession. Which information would be more useful to
him, the mean salary or the median salary. Why?

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Definitions:

Researched

The act of studying materials and sources to establish facts and reach new conclusions.

Utilitarian Motives

The drive to act based on the expected utility or benefit derived from the action, often in terms of personal or communal gain.

Rational Decisions

Choices made based on logical reasoning, facts, and analysis rather than emotions or intuition.

Social Shopping

An e-commerce method where shopping experiences are shared and integrated with social networking features, allowing users to get recommendations and feedback from peers.