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).
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..
I lament statements like this because I work with statistics and you can't just make them say anything. I hate that people use this to dismiss real facts.
You always have to look at the distribution, which is hard to do well. Simple statistics and averages hide so much detail, it's often ineptitude more than outright deceit.