GMAT Statistics Practice Question #16 | Median Salary | GMAT 700 Level Question

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GMAT Preparation Online | GMAT Statistics Practice Question #16 |

A GMAT 700 level medium difficulty problem solving practice question in continuous distribution. Decoding the information given and representing them in a schematic will help you crack questions of this kind effectively.

Question
In a company, 58% of all its employees earn lesser than $50,000; 66% earn more than $40,000; 17% earn $45,000; 3% earn $48,000.
What is the median salary?

The solution to the question discusses a couple of what if scenarios to arrive at the final answer - the median salary of the employees of the company.

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