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Solve the following : Find out P50 for the following data. Wages (in ₹) (x) Number of workers 0-20 4 20-40 6 40-60 10 60-80 25 80-100 15 - Economics

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Question

Solve the following :

Find out P50 for the following data.

Wages (in ₹) (x) Number of workers
0-20 4
20-40 6
40-60 10
60-80 25
80-100 15
Sum

Solution

Wages (in ₹) (x) Number of workers cf
0-20 4 4
20-40 6 10
40-60 10 20
60-80 25 45
80-100 15 60
  N = 60  

P50 = size of 50 `("n"/100)^"th"` observation

= size of 50`(60/100)^"th"` observation

= size of 50 (0.60)th observation

= size of 30th observation

c.f. which is just greater than (or equal to) 30 is 45.

l = 60, f = 25, C.F. = 20, n = 60, h = 20

`"P"_"i" = l + (("in"/100 - cf)/f) xx h`

P50 = l + `(((50"n")/100 - "c.f.")/"f") xx "h"`

P50 = `60 + (((50 xx 60)/100 - 20)/25) xx 20`

= `60 + ((30 - 20)/25) xx 20`

= `60 + (10/25) xx 20`

= `60 + (200/25)`

= 60 + 8

= 68

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Chapter 3: Partition Values - Exercise Q.4 [Page 23]

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Balbharati Economics [English] 11 Standard
Chapter 3 Partition Values
Exercise Q.4 | Q 3 | Page 23
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