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Question
The daily income of a sample of 50 employees are tabulated as follows:
Income (in Rs.): | 1-1200 | 201 -400 | 401-600 | 601 - 800 |
No.of employees : | 14 | 15 | 14 | 7 |
Find the mean daily income of employees.
Solution
Let the assumed mean A = 500.5 and h = 200.
Marks | Mid-Value(xi) | Frequency | \[u_i = \frac{x_i - 500 . 5}{200}\] | \[f_i u_i\] |
1–200 | 100.5 | 14 | -2 | -28 |
201–400 | 300.5 | 15 | -1 | -15 |
401–600 | 500.5 | 14 | 0 | 0 |
601–800 | 700.5 | 7 | 1 | 7 |
N = 50 | `sumf_iu_i = -36` |
We know that mean, `overlineX = A +h (1/N sumf_iu_i)`
Now, we have
\[N = \sum_{} f_i = 50, h = 200, A = 500 . 5, \sum_{} f_i u_i = - 36\]
\[\bar{X} = 500 . 5 + 200\left[ \frac{1}{50} \times \left( - 36 \right) \right]\]
\[ = 500 . 5 - 144\]
\[ = 356 . 5\]
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