Re:As New Zealand Courts Tech Talent, Isolation Becomes a Draw
by ryandrake on Friday April 14, 2017 @12:03PM
(#14115228)
Lady Gaga's wealth/success is about as relevant to a musician as Bill Gates's is to a software engineer. The averages are very relevant.
[ Parent
| on HN ]
Re:As New Zealand Courts Tech Talent, Isolation Becomes a Draw
by pilom on Friday April 14, 2017 @12:28PM
(#14115370)
The GP's point is that Median Income would be valuable but "average" i.e. Mean Income, is much less valuable.
Re:As New Zealand Courts Tech Talent, Isolation Becomes a Draw
by mywittyname on Friday April 14, 2017 @01:00PM
(#14115572)
The according to the BLS, the median wage nationally is $100,080 and the average is $104,300. I'm not convinced a 4% difference takes away a whole lot of value, especially when salaries are close to a normal distribution.
I'm willing to bet that as you limit you data set to a smaller region, salaries normalize even further.
Re:As New Zealand Courts Tech Talent, Isolation Becomes a Draw
by user5994461 on Friday April 14, 2017 @02:41PM
(#14116242)
Salaries are not a normal distributions. They are a multimodal distribution (usually 2 waves).