The company financial officer was interested in the average cost of PCs that had been purchased in the past six months. A random sample of the price of 10 computers was taken with the following results:
$3,250, $1,127, $2,995, $3,250, $3,445, $3,449, $1,482, $6,120, $3,009, $4,000

-What is the median?
A)3447
B)3213
C)3250
D)6120
E)3445

Question

The company financial officer was interested in the average cost of PCs that had been purchased in the past six months. A random sample of the price of 10 computers was taken with the following results:
$3,250, $1,127, $2,995, $3,250, $3,445, $3,449, $1,482, $6,120, $3,009, $4,000

-What is the median?
A)3447
B)3213
C)3250
D)6120
E)3445

Quizplus · Accepted Answer

In order to find the median, we need to arrange the given numbers in ascending or descending order. Performing this operation on the given options, we get:
A) 3447
B) 3213
C) 3250
D) 6120
E) 3445
Since we have an odd number of values, the median is simply the middle value, which in this case is 3250.

The Company Financial Officer Was Interested in the Average Cost