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If the arithmetic mean of the data given below is 28, find the missing frequency? 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 - Economics

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Question

If the arithmetic mean of the data given below is 28, find the missing frequency?

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

Let the missing frequency be f1

Arithmetic Mean = 28

Profit per Retail Shop (in Rs)

Class Interval

No of Retail Shops

(f)

Mid Value

(m)

 fm

0 - 10

12

5

60

10 - 20

18

15

270

20 - 30

27

25

675

30 - 40

f1

35

35f1

40 - 50

17

45

765

50 - 60

6

55

330

  `sumf=80+f_1`   `sumfm=2100+35f_1`

`barX=(sumfm)/(sumf)`

or, `28=(2100+35f_1)/(80+f_1)`

or, 2240 + 28f1 = 2100 + 35f1

or, 2240 – 2100 = 35f1 – 28f1

or, 140 = 7f1

f1 = 20

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Measures of Central Tendency - Mean
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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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