Author Topic: Earnings Survey Results (Read 3785 times)

Red Dove · « **on:** March 12, 2010, 02:45 »

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

cascoly · « **Reply #1 on:** March 13, 2010, 15:35 »

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

RacePhoto · « **Reply #2 on:** March 13, 2010, 16:52 »

Quote from: Red Dove on March 12, 2010, 02:45

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.

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Author Topic: Earnings Survey Results (Read 3785 times)

Red Dove

cascoly

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