The mean annual wage for directors in Namibia is about $10,000 USD. The median annual wage for directors in Namibia is about $10,000 USD.

The mean annual wage for directors in Namibia is about $10,000 USD.

 However, this number is not representative of the entire population. Many factors affect an individual’s salary and can skew the mean to be higher or lower than average. The median salary is a more reliable measure of a data set because it represents the middle point where half of all salaries are higher and half are lower. For example, if you have 10 people working at your company and their salaries range from $20K-$100K each year (excluding overtime pay), then there will be 5 people with salaries between $50K-$75K and 5 people with salaries between $60K-$80K. If we look at those same employees’ annualized wages by taking their monthly earnings ($2500/month) divided by 12 months in an annualized rate ($22500), then we get an actual yearly rate that more accurately reflects how much they made per year with no distortion caused by outliers (e.g., someone making $100K).

The median annual wage for directors in Namibia is about $10,000 USD.

The mean is a measure of central tendency which adds up all the values in a sample and divides by how many there are. This gives you an idea of what most people earn: it’s not perfect as too many high or low earners can skewer it, but it’s a good starting point at least.