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SOLS CEO Salary Survey Report 2003
Appendix 2
Definitions of Terms Used in the Salary Survey Report
(March 2003)
Average – the arithmetic mean, the numerical result obtained by dividing the sum of two or more responses by the number of those responses.
Highest Maximum Salary – the response with the highest maximum salary in the size group.
Lowest Maximum Salary – the response with the lowest maximum salary in the size group.
Median – the middle number in an odd numbered series arranged in order of size, the response with 50% below and 50% above it.
Respondents – the number of responding libraries in each size group.