BTGmoderatorDC wrote:Each of the n employees at a certain company has a different annual salary. What is the median of the annual salaries of the n employees?
(1) When the annual salaries of the n employees are listed in increasing order, the median is the 15th salary.
(2) The sum of the annual salaries of the n employees is $913,500.
Given: Each of the n employees at a certain company has a different annual salary.
We have to determine the median of the annual salaries of the n employees.
Let's take each statement one by one.
(1) When the annual salaries of the n employees are listed in increasing order, the median is the 15th salary.
=> There are 14 + 1 + 14 = 29 employees. Can't get median value. Insufficient.
(2) The sum of the annual salaries of the n employees is $913,500.
Can't get median value. Insufficient.
(1) and (2) together
We have = 29 and Sum of the salaries = $913,500; thus, the mean salary = $913,500/29; however, we can't get median value. Insufficient.
The correct answer:
E
Hope this helps!
-Jay
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