everytime i read articles on GST increase..about growing economy..i get illusions, and it reads "grow my pockets"..
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Even the top 5 percent of all the engineering fields (combined together) don't earn even near that much.
Then again, maybe they use only 1 top guy (perhaps who's affilated w/ our garment like engineering minister or something) to represent the whole pool of top engineers... Statistical data will show his salary as median, mean, top 10 percentile, bottom 10... etc...
How come our garment always post higher figures?
Why don't they compare to Accountants, who are in high demand now. Where did they get the figures from?
Accountants in SG only earning an average of S$3901 per month! Singapore has indeed becoming a place for cheap labour in the working class, and the people on top still want to increase their salary? Why don't they compare with the ministers from all the advance countries and get a median?
Fyi, median is just a TYPE of average.
Come , let's go back to secondary school, average got 3 types,
Mode, Median and Mean. The average we are most commonly used to is Mean.
But it's nothing wrong to say that Median is average hor, got statistics means got room for definition discrepancies lor.
Note that the term engineer is very widespread though.. I wonder if management posts with Engineering degrees in say, companies are considered as engineers.
and it is useless about the median vs mean argument in here. there are only 8 elements in each set they are comparing. in this case, median and mean would be very close, unless the 4th and 5th earners differ to a great extent(read: few hundred thousand dollars difference), which is extremely unlikely since you are comparing the top 8 (which is a mere zero point something percent)
Last edited by Hoky; 23rd March 2007 at 04:56 PM.