Accountants often use the median when studying salaries for various jobs. What is the median of the following salary list:: $126,000, $112,000, $158,000, $235,000, $206,000, $107,000, $146,000, $ 835,000, $224,000, $185,000?
A) $158,000
B) $171,500
C) $233,000
D) $259,000

Question

Quizplus · Accepted Answer

To find the median, we must first order the list from least to greatest: $107,000, $112,000, $126,000, $146,000, $185,000, $206,000, $224,000, $235,000, $158,000, $835,000. The middle number is the median, which is $171,500. Therefore, the best choice is B.

Accountants Often Use the Median When Studying Salaries for Various