Solution

To find:• The median annual salary for the employees at Company X last year

Analysing Statement 1• As per the information given in statement 1, last year there were 29 employees at Company X

o From this statement, we find no information about the salaries of any of those 29 employees

o Hence, we can’t find out the median annual salary

Hence, statement 1 is not sufficient to answer the question

Analysing Statement 2• As per the information given in statement 2, last year 12 employees at Company X had an annual salary of $24,000

o From this statement, we don’t find complete information about the salaries of all the employees

Hence, statement 2 is not sufficient to answer the question

Combining Both StatementsIf we combine the information given in both the statements, we can write:

• Last year there were 29 employees at Company X

• Out of those 29 employees, 12 employees at Company X had an annual salary of $24,000

Even after combining the statements, we don’t find complete information about the salaries of all the employees

Hence, the correct answer is option E.

Answer: E
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