The times (in minutes) that several underwriters took to review applications for similar insurance coverage are 50, 230, 52, and 57. What is the median length of time required to review an application?

a. 54.5
b. 141.0
c. 97.25
d. 109.0

Respuesta :

Answer:

a. 54.5

Explanation:

The computation of the median length of time required is shown below:

= (52 + 57) ÷ 2

= 109 ÷ 2

= 54.5

Simply we first add the 52 and 57 and then divide it by 2 so that the accurate median length of time can come

All other time which is mentioned is irrelevant. Hence, ignored it i.e 230 and 50 insurance coverage as this is not a part of the computation so we do not considered it