Find the Median for the Given Sample Data $\begin{array} { l l l l } 25 & 27 & 25 & 28 \end{array}$

question 154

Multiple Choice

Find the median for the given sample data.
-The number of vehicles passing through a bank drive-up line during each 15-minute period was recorded. The results are shown below. Find the median number of vehicles going through the line in a fifteen-minute period. $\begin{array} { l l l l } 25 & 27 & 25 & 28 \end{array}$
$\begin{array} { l l l l } 28 & 25 & 30 & 27 \end{array}$
$\begin{array} { l l l l } 35 & 31 & 31 & 29 \end{array}$
$\begin{array} { l l l l } 24 & 31 & 25 & 20 \end{array}$
$\begin{array} { l l l l } 15 & 27 & 27 & 27 \end{array}$

• A) 28 vehicles
• B) 26.85 vehicles
• C) 31 vehicles
• D) 27 vehicles

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Definitions:

Cash

Money in the form of coins or notes, as opposed to checks, credit, or other forms of payment.

Loss

The negative financial result from a business’s operations or transactions when costs and expenses exceed revenues.

Net Income

The amount of money left after all expenses, taxes, and costs have been subtracted from total revenue, indicating the profit earned by a company.

Indirect Method

A cash flow statement preparation method that adjusts net income for the changes in balance sheet accounts to calculate the cash from operating activities.