Originally posted by AThousandYoungThat's way more than 10% .. your CEO is too generous!
Person 1 makes 10,000
Person 2 makes 20,000
Person 9 makes 90,000
Start, Persons 1-4 are in non-senior management. (10+20+30+40)/4 = 25
Persons 5-9, senior management. (50+60+70+80+90)/5 = 70
Move Persons 5-7 into non-senior management.
Now, non senior management = (10+20+30+40+50+60+70)/7 = 40
Senior management = (80+90)/2 = 85
Both groups increased average by 15,000!
Originally posted by KewpieWell it's Kiwis to Oz of course!!
This one's regularly used by Aussies and Kiwis when they're talking about their own population compared to the others. "If all the Kiwis in Australia went home they'd increase the average IQ of both groups." The same method of calculation is used, i.e. the implication here is that the expat Kiwis are a much smarter group than the stay-at-home Kiwis, but sti ...[text shortened]... er as the average Aussie. And vice-versa, of course, depending on the speaker's nationality.