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Analysis Common Terms
Some of the common terms used in analyzing salary surveys are:
- Aging
- Average
- Market Index
- Mean
- Median
- Mode
- Range
- Percentile
- R Squared
- Standard Deviation
- Standard Error
- Weighted Average (Mean)
- Unweighted Average (Mean)
- Trimmed Mean
- Market Movement of Salaries
You should become familiar with each of the terms and definitions described on the next two pages.
Looking to Benchmark Pay?
See our salary, cost-of-living, and executive compensation data in action.