Question 35
Tools of Economic AnalysisThe hourly wages of five employees of the Nigerian Ports Authority are N2.52, N3.96, N3.28, N9.20 and N3.75 respectively. The median hourly wage is
- A.N2.52
- B.N3.28
- C.N3.75
- D.N3.96
- E.N9.20
Show the answer and explanation
Answer: C (N3.75)
Explanation
In order: 2.52, 3.28, 3.75, 3.96, 9.20; the middle value is N3.75.