sami s asked:
long term contract is now commonplace among this elite group. Nevertheless, rarely does a season pass without negotiations between one or more of the players’ associations and team owners for additional salary and fringe benefits for ALL players in their particular sports.
If a players’ association wanted to support its argument for higher ”average” salaries, which measure of central tendency do you think it should use and why?
To refute the argument, which measure of central tendency should the owners apply to the players’ salaries and why?
long term contract is now commonplace among this elite group. Nevertheless, rarely does a season pass without negotiations between one or more of the players’ associations and team owners for additional salary and fringe benefits for ALL players in their particular sports.
If a players’ association wanted to support its argument for higher ”average” salaries, which measure of central tendency do you think it should use and why?
To refute the argument, which measure of central tendency should the owners apply to the players’ salaries and why?
Median for the players. If most players make little money, the median will be lower than the mean.
Mean for the owners. If a few players make a lot of money, the mean will be very much higher than the median.
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