Imagine the distribution of salaries in a large corporation. Which of the following statistics is likely to be the largest?
A) The median
B) The mean
C) The mode
D) The minimum

Question

Quizplus · Accepted Answer

In a large corporation, the distribution of salaries is often right-skewed due to a small number of very high earners (executives, top management, etc.) pulling the mean salary higher than the median or mode, which are less affected by extreme values. The minimum salary is typically much lower than these other measures.

Imagine the Distribution of Salaries in a Large Corporation