Question

The salaries of several employees at Company X are listed below:$52000 $62500 $56000$49000$67500 $60000What is the median salary of the employees at Company X?

Answer 1

Answer:

The median salary of the employees at company X is $58000

Step-by-step explanation:

Given:

The median salaries: $52000, $62500, $56000, $49000, $67500, $60000

To find:

the median salary of the employees

To determine the median, we need to rearrange the salaries. Then, we will pick the median salary

$49000, $52000, $56000, $60000, $62500, $67500

There are 6 salaries. The median salary will be the sum of the two middle salaries divided by 2

`\begin{gathered} median\text{ = }\frac{56000\text{ + 60000}}{2} \\ \\ median\text{ = }(116000)/(2) \\ \\ median\text{ = 58000} \end{gathered}`

The median salary of the employees at company X is $58000