Question

A sample of single persons receiving social security payments revealed these monthly benefits: $826, $699, $1,087, $880, $839, and $965. how many observations are below the median?

Answer 1

The median is the number in the middle of a sorted list.

So we need to arrange the given numbers, $699, $826, $839, $880, $965, $1,087.

Since the givenhas 6 numbers, finding the median will be the average of the two numbers in the middle.  $839 + $880 = 1719 then divide this by 2 = 859.5

So there are 3 numbers that are below the median and these are $699, $826, and $839.