Question

A sample of 12 senior executives found the
results 15.8, 7.3, 28.4, 18.2, 15.0, 24.7,13.1, 10.2,
29.3, 34.7, 16.9, 25.3 for percentage of total
compensation derived from bonus payments. Find
the sample median.​

Answer 1

Answer:

17.55

Step-by-step explanation:

given data

15.8, 7.3, 28.4, 18.2, 15.0, 24.7,13.1, 10.2,29.3, 34.7, 16.9, 25.3

ascending order: 7. 3, 10.2 13.1 15.0, 15.8, 16.9, 18.2, 24.7, 25.3 28.4, 29.3, 34.7

no of observations is 12

median = average of 6,7 observations

= (16.9+ 18.2)/2

= 35.1/2

= 17.55

median = 17.55