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According to Bloomberg News, in 2011 the average annual salary for a player in the National Hockey League (NHL) can be described by the numbers
According to Bloomberg News, in 2011 the average annual salary for a player in the National Hockey League (NHL) can be described by the numbers $760,000 and $1,800,000. Which one of these numbers is the mean and which is the median? Explain your reasoning. The mean is $760,000 and the median is $1,800,000 since there are a small number of hockey players with exceptionally small salaries which decrease the mean but have little effect on the median. The mean is $1,800,000 and the median is $760,000 since there are a small number of hockey players with exceptionally large salaries which increase the mean but have little effect on the median. The mean is $760,000 and the median is $1,800,000 since the mean is always smaller than the median. The mean is $1,800,000 and the median is $760,000 since the mean is always larger than the median
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