answersLogoWhite

0


Best Answer

average salary is a pretty generic term and does not tell you how the number is computed. Usually, but not always, it would be the sum of the salaries divided by the number of salaries. This is known as the mean. The median salary is the "middle" value. That is to say, if you listed all the salaries from lowest to highest, the median would be right in the middle. A more precise statistical definition might say it is the value that separates the higher half of a sample or a probability distribution from the lower half. When you say average, the might indicate the mean salary, but we don't know for sure. The mean is what I described in the first paragraph.

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the meaning of median salary or average salary?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the Median salary of a pediatrician?

They make on average a median salary of 135,000yr.


What is the average salary for a psychiatrist?

the median-$180,000


What is the average salary for a ballet dancer?

The median salary for a choreographer is about $34,000.


What is the average salary for a boat broker?

As of 2010 the median salary was about $77,000.


Is there a difference in salary when it comes to and Obstetrician and a Gynecologist?

That would depend on the Doctor and his/her practice, the average salary for both is: The average median salary would be $120. per hour. The average median salary weekly would be $4800. The average median salary monthly would be $20,666. As of 2010, In the USA the annual median Obstetrician/Gynecologist Salary is $248,000. The lower end 10% is around $101,000 annually. The upper end 10% is around $350,000 annually.


What is the average yearly salary for obstetrician in Canada?

The median salary is about $107 000.


What is the average salary for forensic science?

The average median salary for a forensic scientist in 2012 was approximately $52,500. This is an annual salary figure.


How much money does an obstetrician make an hour?

The average median salary would be $120. per hour. The average median salary weekly would be $4800. The average median salary monthly would be $20,666. As of 2010, In the USA the annual median Obstetrician Salary is $248,000. The lower end 10% is around $101,000 annually. The upper end 10% is around $350,000 annually.


How much does a general obstetrician make hourly?

The average median salary would be $120. per hour. The average median salary weekly would be $4800. The average median salary monthly would be $20,666. As of 2010, In the USA the annual median Obstetrician Salary is $248,000. The lower end 10% is around $101,000 annually. The upper end 10% is around $350,000 annually.


What is the average salary of obstetricians?

As of 2010, In the USA the annual median Obstetrician Salary is $248,000.


What is average annual earnings for obstetrician?

Annually the median Obstetrician Salary Salary is $248,000.


What is the average salary for obstetricians?

As of 2010, In the USA the annually the median Obstetrician Salary is $248,000.