Commission percentages earned by brokers were 2.0%, 2.0%, 2.5%, 3.0% and 5.5%. What is the median commission percentage?
Q1. Commission percentages earned by brokers were 2.0%, 2.0%, 2.5%, 3.0% and 5.5%. What is the median commission percentage?
Answer: 2.5
Explanation: Sorted values: 2.0, 2.0, 2.5, 3.0, 5.5; the middle (third) value is 2.5%, which is the median.