Problem

The following statistics represent weekly salaries at a construction company. \begin{tabular}{llll} Mean & $\$ 555$ & First quartile & $\$ 440$ \\ Median & $\$ 595$ & Third quartile & $\$ 650$ \\ Mode & $\$ 525$ & 89th percentile & $\$ 778$ \end{tabular} The most common salary is $\$ 525$. The salary that half the employees' salaries surpass is $\$ \square$.

Solution

Step 1 :The problem states that the salary that half the employees' salaries surpass is the median salary.

Step 2 :From the given statistics, the median salary is \( \$ 595 \).

Step 3 :Therefore, half the employees' salaries surpass \( \$ 595 \).

Step 4 :\(\boxed{\$ 595}\) is the salary that half the employees' salaries surpass.

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Source: https://solvelyapp.com/problems/7aEHkoPhOU/

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