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Earnings Survey Results

Started by Red Dove, March 12, 2010, 07:45

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Red Dove

Only a small sample but roughly in line with the % for IS. A timescale would have been more revealing ie how long it took to hit 5k for example.

http://submit.shutterstock.com/forum/viewtopic.php?p=1282039#1282039
"There is no particular reason to search for meaning." – William Eggelston

cascoly

been traveling so didn't notice the change in poll - the new entry system is MUCH better giving the info needed to make correct entries.

however, there are 2 problems with the displayed results --

for info with ranges, you cant just average the results, since the amounts in the ranges aren't uniform - you'd need to convert each rating to an equivalent $ figure, then aerage those. 

also, outliers have a large effect - the bill gates walking into a bar effect - where avg income jumps from $30k/ person to $999k / person with no actual change for most.  in these cases, the median is a better marker - the number in the middle of the spread of results.  Thus five 1's and one 6 would still report as 1, rather than 2
Steve Estvanik 
travel & photo blog https://cascoly-images.com

RacePhoto

Quote from: Red Dove on March 12, 2010, 07:45
Only a small sample but roughly in line with the % for IS. A timescale would have been more revealing ie how long it took to hit 5k for example.

http://submit.shutterstock.com/forum/viewtopic.php?p=1282039#1282039

What? about one day (OK actually only 16 hours!) for the poll and 56 people answered, hardly a good statistical sample. Someone needs to post that same poll and let it run at least a couple of weeks. The poll is irrelevant and shows nothing of the greater population on SS.