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WAEC Economics 2021 Question 5

Question 5

Tools of Economic Analysis

One way of obtaining the median of a given data is to

  1. A.sum the value and divide by the number of items.
  2. B.arrange the data in ascending order and subtract each item from the mean.
  3. C.arrange the data in descending order and add each item to the least.
  4. D.arrange the data in either ascending or descending order and find what item divides the set in two equal parts.
Show the answer and explanation

Answer: D (arrange the data in either ascending or descending order and find what item divides the set in two equal parts.)

Explanation

The median is the middle value after the data are put in order.