3. The following are the monthly rents ( in rupees ) of 40 shops.
3800,4200,4900,3700,7500,6200,5400,7900,8400,7500,6300,4400,7400,4400,3600,6900,5400
4800,3700,7400,3900,4800,4500,6100,4700,7100,4700,3800,8000,5100,3100,3800,4300,7500
6700,8200,7700,6400,8400,8100
Using class-intervals like 3000-3800,3800-4600, let us construct a frequency table for the above data using tally marks. Also, use the above table to prepare a cumulative frequency column.
4. Using the data from the above question, Calculate the mean monthly rent of 40 shops (in rupees).
Answers
Given :
Monthly rents of 40 shops.
To Find :
construct a frequency table and prepare a cumulative frequency of the data. Then calculate the mean.
Solution :
Class intervals (f) mid value (f×d) (cf)
(x) h=800
3000-3800 7 3400 -3 -21 7
3800-4600 6 4200 -2 -12 13
4600-5400 8 5000 -1 -8 21
5400-6200 2 5800=A 0 0 23
6200-7000 4 6600 1 4 27
7000-7800 7 7400 2 14 34
7800-8600 6 8200 3 18 40
h=800 n = 40 ∑fd = -5
Mean
= 5700
Mean = ₹ 5700