The monthly wages of 6 employees in a company are Rs.5,000, Rs.6,000, Rs.8,000, Rs.8,500, Rs.9300. and Rs.9,500. Find the median of their wages.

Correct option is B

Given:

Monthly wages of 6 employees = ₹5000,₹6000,₹8000,₹8500,₹9300 and ₹9500

Formula Used:

Median if n is odd = $$\frac{n+1}{2}th$$​ value

If n is even =$$\frac{\left(\frac{n}{2}\right)^{th} value + \left(\frac{n}{2}+1\right)^{th} value}{2}$$​​

Solution:

Here the number of employees is 6, so n is even

Median $$\frac{\left(\frac{6}{2}\right)^{th} value + \left(\frac{6}{2}+1\right)^{th} value}{2}$$​​$$= \frac{3rd\ value + 4th\ value}{2}$$​​

​$$= \frac{8000 + 8500}{2}$$​​

= ₹8250