Question

Question-5: The net profit of a business concern in thousands of
rupees is given below:
Year
1996 1997 1998
Profit (Rs) 1000 2000 1500
Find out Range and its Coefficient.
1999
5000
2000
3500
2001
4590
2002
6000​

Answer 1

Answer:

i think this is the answer ..hope it will be correct

Explanation:

x

m

= Mid value of highest class = 45

x

o

= Mid value of lowest class = 5

Therefore,

Range = x

m

−x

o

=45−5=40

Coefficient of range =

x

m

+x

o

x

m

−x

o

=

45+5

45−5

=

50

40

=

5

4

=0.8