The following data gives the distribution of total monthly household expenditure of 200 families of a village. Find the modal monthly expenditure of the families. Also, find the mean monthly expenditure:
Expenditure (in rupees) 1000-1500 1500-2000 2000-2500 2500-3000 3000-3500 3500-4000 4000-4500 4500-5000
Number of families 24 40 33 28 30 22 16 7
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1 ) From Table ( 1 )
Here ,
The maximum class frequency is 40
Now ,
lower limit ( l ) = 1500
modal class = 1500 - 2000
class size ( h ) = 500
frequency of the modal class ( f1 ) = 40
frequency of class preceding the
modal class ( f0 ) = 24 ,
frequency of class succeeding the
modal class ( f2 ) = 33 ,
mode ( z ) = l+[(f1 - f0)/(2f1 - f0 - f2)]×h
z = 1500 + [(40-24)/(2×40-24-33)]×500
z = 1500 + ( 16 × 500 )/( 23 )
z ≈ 18847.83
2 ) From table ( 2 ),
Mean = 2750 +[ ( -35 )/200 ]× 500
Mean = 2662.5
I hope this helps you.
: )
Here ,
The maximum class frequency is 40
Now ,
lower limit ( l ) = 1500
modal class = 1500 - 2000
class size ( h ) = 500
frequency of the modal class ( f1 ) = 40
frequency of class preceding the
modal class ( f0 ) = 24 ,
frequency of class succeeding the
modal class ( f2 ) = 33 ,
mode ( z ) = l+[(f1 - f0)/(2f1 - f0 - f2)]×h
z = 1500 + [(40-24)/(2×40-24-33)]×500
z = 1500 + ( 16 × 500 )/( 23 )
z ≈ 18847.83
2 ) From table ( 2 ),
Mean = 2750 +[ ( -35 )/200 ]× 500
Mean = 2662.5
I hope this helps you.
: )
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