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If the arithmetic mean of the data given below is 28, find the median of the series: Profit per retail shop (in Rs) 0 - 10 10 - 20 20 - 30 30 - 40 40 - 50 50 - 60 Number of retail shops 12 - Economics

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Question

If the arithmetic mean of the data given below is 28, find the median of the series:

Profit per retail shop (in Rs)

0 - 10

10 - 20

20 - 30

30 - 40

40 - 50

50 - 60

Number of retail shops

12

18

27

-

17

6

Sum

Solution

Class Interval

Frequency

(f)

Cumulative

Frequency

(CF)

0 - 10

12

12

10 - 20

18

30

20 - 30

27

57

30 - 40

20

77

40 - 50

17

94

50 - 60

6

100

Total

`sumf=100`  

`sumf="N"=100`

So, the Median class = Size of `("N"/2)^"th"` item

= 50th item

50th item lies in the 57th cumulative frequency and the corresponding class interval is 20 - 30.

Median `=L+(N/2-CF)/fxxi`

`=20+(100/2-30)/27xx10`

`=20+(50-30)/27xx10`

`=20+20/27xx10`

= 27.40

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Measures of Central Tendency - Median
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Chapter 5: Measures of Central Tendency - Exercise [Page 72]

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NCERT Statistics for Economics [English]
Chapter 5 Measures of Central Tendency
Exercise | Q 4. | Page 72
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