SOLUTION: 2.)Consider the following salaries for the executives of a certain company President $240,000 1st VP $230

Question 599691: 2.)Consider the following salaries for the executives of a certain company

President $240,000
1st VP $230,000
2nd VP $100,000
Supervising manager $65,000
Accounting manager $65,000
Personnel manager $39,000
Department manager $30,000
Department manager $30,000
What is the median?
65,000
99,875
30,000
140,000
133,000

Answer by Edwin McCravy(20055) (Show Source): You can put this solution on YOUR website!

These are in order largest to smallest.


 $240,000
 $230,000
 $100,000
  $65,000
  $65,000
  $39,000
  $30,000
  $30,000

The MEDIAN of a highway is right in the middle.
The MEDIAN of a set of data is also right in the middle,
when the data is arranged either largest to smallest or 
The two right in the middle I have colored red.

Since they are both $65,000, their average is $65,000.

That's the median, $65,000.

Edwin

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