EconomicsNEB 2076 (old course)
Find median from the following data. Wage 5 15 15 25 25 35 35 45 45 55 55 65 65 75 : : : : : : : : No. of labour 4 5 7 10 4 3 4
5Answer
To find the median from the given grouped data, follow these steps systematically:
Step 1: Compute the midpoint of each class interval
The midpoint (or class mark) is calculated using the formula:
| Wage (₹) | No. of labour | Midpoint (₹) |
|---|---|---|
| 5-15 | 4 | |
| 15-25 | 5 | |
| 25-35 | 7 | |
| 35-45 | 10 | |
| 45-55 | 4 | |
| 55-65 | 3 | |
| 65-75 | 4 |
Step 2: Compute cumulative frequency
The cumulative frequency helps locate the median class.
| Wage (₹) | No. of labour | Cumulative frequency |
|---|---|---|
| 5-15 | 4 | 4 |
| 15-25 | 5 | 4 + 5 = 9 |
| 25-35 | 7 | 9 + 7 = 16 |
| 35-45 | 10 | 16 + 10 = 26 |
| 45-55 | 4 | 26 + 4 = 30 |
| 55-65 | 3 | 30 + 3 = 33 |
| 65-75 | 4 | 33 + 4 = 37 |
Total number of observations () = 37.
Step 3: Identify the median class
The median is the value corresponding to the th term. The cumulative frequency just exceeding 18.5 is 26, which falls in the 35-45 wage class. Thus, the median class is 35-45.
Step 4: Apply the median formula for grouped data
The formula for the median in grouped data is: Where:
- = Lower limit of the median class = 35
- = Total frequency = 37
- = Cumulative frequency of the class preceding the median class = 16
- = Frequency of the median class = 10
- = Width of the median class = 10 (45 - 35)
Substitute the values:
Thus, the median wage is ₹37.5.
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