The major parts of a salary range typically include the minimum, midpoint, and maximum salary for a position. The median salary is often used as a point of reference within a salary range, but is not considered one of the major parts.
The median salary is the salary at which half of the workers in an occupation earn less and half earn more.The midpoint is the average of the minimum and maximum salaries. It is used to calculate the median salary. The median salary is the salary that is in the middle of the minimum and maximum salaries. It is used to calculate the mean salary. The mean salary is the average of all the salaries.
Learn more about mean at : https://brainly.com/question/13451489
#SPJ4
