Median
$25,000
$16,000
$15,000
$8,000
$8,000
$7,000
$7,000
$7,000
$4,000
$4,000
Order #’s from low to high
If odd #:
choose middle number
If even #:
average two in middle
Interpretation
:
Half of the
people earn more than $7,500,
half earn less.
