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drama, anti racism, insulted, by francesca lia block, riad galayini, zoe records, backstreet boys, song, singer/songwriter, prejudice, punk band, land grantcollege review, generator, | Basically a bi-modal distribution. For example say the median salary is $45000. You could have pat metheny 49.9% of the population pat metheny making $18K per year, the next .2% making $45K and the remaining 49.9% making pat metheny $1M a year and your median is you guessed it, $45K. So median alone, and whether it moved doesn't actually show what you think it does. So your median would remain fixed at last years rate and the number of people who are making less money falls. One would also need other statistics as well such as the mean, mode, stdev, etc. to properly characterize what has happened [ ...reply just to this | comment on the story... | next new ] 74. Re: More jobs... at Walmart by zyxwvutsr at Wed 31 Aug 5:31pmscore of 1 in reply to comment 62 ...income is not normally distributedObviously not. |
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If that were true then the median income would have dropped. That's why I said "typical compensation of jobs gained compares with the typical compensation from jobs lost." Since minimum wage jobs were atypical, and since median income stayed the same, then we can see that there were not significantly more minimum wage jobs land grantcollege review now than before. [ ...reply just to this | comment on the story... | next land grantcollege review new ] 62. Re: land grantcollege review More jobs... at Walmart by Disgruntled Engineer at Wed 31 Aug 1:58pmscore of 1.5 scholarly in reply to comment 57 Actually you are not quite right. Medium income could remain the same as you note but one could still see a shift to lower paying jobs. The medium income is only the point where 50% of the jobs are below it and 50% above. It tells you nothing of the distributions shape, and income is not normally distributed. While this is surely not the case, hypothetically 50% of jobs that were below the medium income value could all fall from being some stratification between the minimum wage and last years medium to all being minimum wage jobs, with a large disproportionate spike at the lower end and no change to the median. |
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