Typically the trimean and trimmed mean will fall between the median and the mean, although in this case, the trimmed mean is slightly lower than the median. If you answered with the mode of \(\$250,00...Typically the trimean and trimmed mean will fall between the median and the mean, although in this case, the trimmed mean is slightly lower than the median. If you answered with the mode of \(\$250,000\) or the median of \(\$500,000\), you would not be giving any indication that some players make many millions of dollars. When the various measures differ, our opinion is that you should report the mean, median, and either the trimean or the mean trimmed \(50\%\).
Typically the trimean and trimmed mean will fall between the median and the mean, although in this case, the trimmed mean is slightly lower than the median. If you answered with the mode of \(\$250,00...Typically the trimean and trimmed mean will fall between the median and the mean, although in this case, the trimmed mean is slightly lower than the median. If you answered with the mode of \(\$250,000\) or the median of \(\$500,000\), you would not be giving any indication that some players make many millions of dollars. When the various measures differ, our opinion is that you should report the mean, median, and either the trimean or the mean trimmed \(50\%\).
