Question

Between what two amounts are the middle 50% of the salaries found?

A) The lowest and highest salaries in the dataset
B) The 25th percentile and the 75th percentile of salaries
C) The average of the lowest and highest salaries
D) The median salary and the highest salary

Answer 1

The middle 50% of salaries can be found between the 25th percentile and the 75th percentile of salaries.

This correct answer is option B)

Step-by-step explanation:

The middle 50% of salaries can be found between the 25th percentile and the 75th percentile of the salaries. So, the correct answer is option B) The 25th percentile and the 75th percentile of salaries.

The 25th percentile represents the boundary between the lower 25% of salaries and the upper 75%, while the 75th percentile represents the boundary between the lower 75% and the upper 25%.

For example, in the given dataset, the 25th percentile corresponds to a salary of $30,000 (which is the median) and the 75th percentile corresponds to a salary of $5,000,000.

This correct answer is option B)