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

5

Answer

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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