In the lecture notes, I asked what's the best description of the central tendency of U.S. income: median or mean. Most people agree it's the median as it avoids the problems of outliers. Indeed, the Bureau of Labor Statistics'sOccupational Outlook Handbook (https://www.bls.gov/ooh/)reports the median salary of various occupations.

But is it always the best measure? The BLS'sOccupational Employment Statistics(OES)(https://www.bls.gov/oes/) reports not just the the mean and median, but also the first and thirdquartile ANDthe bottom 10% and top 10% (90th percentile) salaries.

Find a job, one not already selected by other students, in the OES and:

1. Report its mean, median, 1st quartile, 3rd quartile, and the top and bottom 10% salaries.
2. Include a link to the page on the BLS page.
3. Describe what this information tells you about the occupation and how it can be used in a business environment.
4. Under what circumstances would the mean be better for information about U.S. income and/or the salary of this occupation?

You can find the data on various occupations on the menu on the left: OES Data >> Occupational Profiles