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Numerade Educator

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Problem 63 Hard Difficulty

The following bar graph shows the total compensation of the 10 highest-paid CEOs of 2009 in the United States. Find the mean, median, and mode of their salaries. (Graph cannot copy)

Answer

mean: $\$ 101,230,000 ;$ median: $\$ 89,100,000 ;$ no mode

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Video Transcript

So I've listed out all of these salaries from the table from the graph, and this would be in a numerical order, one from highest to lowest. First, let's find the mean. The means will add up all of these numbers together, and we get 911,600. We'll divide by the number of items on our list, which would be 10 leaving us with the median salary of 91,000, 160. Next, we'll find the mode of the mode is the number that occurs the most number of times, and you can see that every single number occurs just once, so there is no motor. Finally, to find the median. We haven't even number of salaries, so we'll take the two middle salaries. That's 98,000, 679,600. And what have those together and divide by two. When we do that, we get 89,100