Averages – ACCA MA Management accounting
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Good evening, in the notes the answers in the back say “median = value of the 25,5th item”. Is it a printing error? Thank you.
I didn’t understand the part when you explain how to find the Median and the value 13,5 where did it come from. I listened three times but didn’t catch the logic. Can you kindly explain. thanks
I got it now, sorry and thanks
No problem – I am pleased you have now got it 馃檪
Thankyou so much, that was really straight forward!
You are welcome 馃檪
another great and clear video.
Thank you the Lecture John, though a bit confuse. In determining the median reached that the median wage paid would fall in the 26.5 weeks and given that the range are a range of the sum total paid in a number of weeks, does that mean by the 26.5 week we assume we paid a total of 1855?
Yes – that the total paid in that week was 1855.
Thank you John for always coming through ?
You are welcome
When explains about median, It’s 53+1/2, not 25+1/2. I got confused ^^;