Snoopy4678 Wrote:
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> I wouldn't mind knowing the answer to that as
> well...
>
> According to Census data, median income in the
> U.S. is $50,000. That means some people may make
> much more or less than that, but most people make
> around that. If that is true, and assuming $30,000
> or even $40,000 is a realistic estimate of the
> yearly earnings that can be made doing mystery
> shopping, it'd still fall below that $50,000 in
> face value, yet I would still think quality of
> life as a mystery shopper would still be much
> better than that of a min. wage job where annual
> income might be something like $18,000 a year and
> without all of the perks that can come with
> mystery shopping, but I don't know.
>
> I'm sure some of the more experienced shoppers
> probably have a better idea about this than I do.
FYI-Median means the mid point. In other words, if the median income is stated as 50k, then that is midway between the highest and lowest income in the sample group.. Average income of 50k would mean that most people are close to that, leaving out extreme outliers.
Example: if 1 person makes 100k, and 10 people make 10k, the median would be the middle of the two number, or 55k. The average of those same 11 people would be 18k. Big difference in how you interpret numbers. Great book to read: How to Lie With Statistics. It was required reading during my college days for rhetoric....and it explains how people can be extremely misleading with facts without outright lying about them. (Think political parties, ads, and candidates!)
Edited 1 time(s). Last edit at 12/21/2013 07:45PM by quilter.