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
Answers
Answered by
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
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