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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