Comments on: #1 of 437 Store Tips: Pricing Strategy http://www.queensberry.com/junction/2009/11/1-437-store-tips-pricing-templates/ Design photo albums and press books fast, and free. Welcome to the Photojunction Team blog. Thu, 29 Jul 2010 01:02:44 +0000 hourly 1 http://wordpress.org/?v=3.0 By: PJ_Danny http://www.queensberry.com/junction/2009/11/1-437-store-tips-pricing-templates/comment-page-1/#comment-2531 PJ_Danny Thu, 19 Nov 2009 02:58:25 +0000 http://photojunction.com/blog/?p=1988#comment-2531 A chance to show off! <br><br>Mean = "total sales" / "# of sales"<br><br>Means can be susceptible to outliers, like the $180 templates ;-)<br><br>Median = sort the sales in ascending order, pick the 'middle' number.<br><br>Two slightly different ways of looking at data.<br><br>HTH<br>Danny A chance to show off!

Mean = “total sales” / “# of sales”

Means can be susceptible to outliers, like the $180 templates ;-)

Median = sort the sales in ascending order, pick the 'middle' number.

Two slightly different ways of looking at data.

HTH
Danny

]]> By: PJ_Danny http://www.queensberry.com/junction/2009/11/1-437-store-tips-pricing-templates/comment-page-1/#comment-2491 PJ_Danny Wed, 18 Nov 2009 20:58:25 +0000 http://photojunction.com/blog/?p=1988#comment-2491 A chance to show off! <br><br>Mean = "total sales" / "# of sales"<br><br>Means can be susceptible to outliers, like the $180 templates ;-)<br><br>Median = sort the sales in ascending order, pick the 'middle' number.<br><br>Two slightly different ways of looking at data.<br><br>HTH<br>Danny A chance to show off!

Mean = “total sales” / “# of sales”

Means can be susceptible to outliers, like the $180 templates ;-)

Median = sort the sales in ascending order, pick the 'middle' number.

Two slightly different ways of looking at data.

HTH
Danny

]]> By: facebook-759855656 http://www.queensberry.com/junction/2009/11/1-437-store-tips-pricing-templates/comment-page-1/#comment-2489 facebook-759855656 Mon, 16 Nov 2009 20:38:55 +0000 http://photojunction.com/blog/?p=1988#comment-2489 okay Danny - how could the median be $35 if you have ones going for $150? isn't median the number in the exact middle? Mean is the average calculated by taking the sum, divided by the number of entries - no? okay Danny – how could the median be $35 if you have ones going for $150? isn't median the number in the exact middle? Mean is the average calculated by taking the sum, divided by the number of entries – no?

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