It is sometimes stated that the 'mean' means average. This is incorrect if mean is taken in the specific sense of arithmetic mean as there are different types of averages: the mean, median, and mode. For instance, average house prices almost always use the median value for the average.
Loss prevention agents can make more or less than their detective counterparts, depending on their actual industry. For example, loss prevention agents who worked for security services made an average hourly wage of $21.17, as of May 2010.
A high school diploma is a minimum requirement for employment, however, in most cases, a bachelor's degree is preferred. A Retail Loss Prevention Specialist will normally get average salaries that can range from 16000 to 24000 based on tenure and industry expertise. Retail Loss Prevention Specialists can receive a salary of Twenty Eight Thousand Nine Hundred dollars annually.