Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

the boxplot below shows salaries for cpas and actuaries in a town. cpa …

Question

the boxplot below shows salaries for cpas and actuaries in a town.
cpa
actuary
if a person is making the median salary for a cpa, they are making less than or equal to% of actuaries.

Explanation:

Step1: Identify the median of CPA

In a box - plot, the line inside the box represents the median. For CPA, let's assume the median is \(M_{CPA}\).

Step2: Analyze the position of \(M_{CPA}\) with respect to Actuary's box - plot

Looking at the Actuary's box - plot, the median of CPA (\(M_{CPA}\)) is at the third - quartile (\(Q_3\)) position of the Actuary's data.
The third - quartile (\(Q_3\)) of a data set represents the value below which \(75\%\) of the data lies.

Answer:

\(75\)