Question 27
Tools of Economic AnalysisUse the table below to answer the question.
X | 2 | 3 | 4 | 5
F | 2 | 5 | 2 | 1
What is the median of the distribution?
- A.5
- B.4
- C.3
- D.2.
Show the answer and explanation
Answer: C (3)
Explanation
Arranged in order, the 5th and 6th of the 10 values are both 3, so the median is 3.