Answer
Company B has a greater median and mean
Work Step by Step
The monthly earnings of company A in thousands are 50 ,51 ,51 ,51 ,52, 52, 52, 53, 53, 54, 54,55
The monthly earnings of company B in thousands are 50 ,51, 52, 52, 52, 53, 53, 53, 54, 54, 54, 55.
Mean A: Add all the numbers together and divide by 12 :$\frac{50 +51+51 +51 +52+ 52+ 52+ 53+ 53+ 54+54+55}{12}$=52.33
Mean B: Add all the numbers together and divide by 12: $\frac{50 +51+ 52+ 52+ 52+ 53+53+ 53+ 54+ 54+ 54+ 55}{12}$=52.75
Company B has a greater mean
Median A: Arrange the numbers from least to greatest(50 ,51 ,51 ,51 ,52, 52, 52, 53, 53, 54, 54,55) and find the middle value which is 52.
Median B: Arrange the numbers from least to greatest(50 ,51, 52, 52, 52, 53, 53, 53, 54, 54, 54, 55) and find the middle values which is 53.
Company B has the greater Median.
Company B is the better company because its mean and median is greater
