The median income salary in company x is $3,250
#1

1. $700 = 40 people earn this amount
2.$1000 = 20 people earn this amount
3. $1200 = 12 people earn this amount 
4. $1700 = 6 people earn this amount 
5. $ 2000 = 5 people earn this amount 
6. $ 2500 = 4 people earn this amount 
7. $ 3500 = 3 people earn this amount 
8. $ 4000 = 3 people earn this amount 
9.  $ 7000 = 3 people earn this amount 
10.  $10000 = 2 people earn this amount 

Take no 5 plus 6 /2 = $3,250

Using median 

[Image: IMG-20220227-065421-847.jpg]
Reply
#2

Using average income for company x?
1. $700 = 40 people earn this amount = $28,000
2.$1000 = 20 people earn this amount = $20000
3. $1200 = 12 people earn this amount = $14,400
4. $1700 = 6 people earn this amount = $10,200
5. $ 2000 = 5 people earn this amount = $10000
6. $ 2500 = 4 people earn this amount = $10000
7. $ 3500 = 3 people earn this amount = $10,500
8. $ 4000 = 3 people earn this amount =$12000
9. $ 7000 = 3 people earn this amount = $21,000
10. $10000 = 2 people earn this amount = $20000

($28,000+$20000+$14,400+
$10,200+$10000+$10,500+
$12000+$21,000+$20000)/
(40+20+12+6+5+4+3+3+3+2)=?
Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)