EconomicsNEB 2074 (old course)

i) Draw percentage bar diagram from the following data. [5] Item Food Clothing Rent Fuel Education Miscellaneous : : : : : : : Expenditure (Rs.) 4500 3500 3000 2500 4500 5000 ii) Calculate the…

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i) Draw percentage bar diagram from the following data. [5]

Item Food Clothing Rent Fuel Education Miscellaneous
Expenditure (Rs.) 4500 3500 3000 2500 4500 5000

ii) Calculate the median from the following data. [5]

Marks, below 100 90 80 70 60 50 40 30 20 10
No. of Students 90 85 68 48 33 26 20 15 12 4

Answer

i) Percentage Bar Diagram

Step 1: Calculate the Total Expenditure

First, we sum up all the expenditure values to find the total expenditure.

Step 2: Calculate the Percentage for Each Item

Next, we calculate the percentage of each item's expenditure relative to the total expenditure.

  • Food:

  • Clothing:

  • Rent:

  • Fuel:

  • Education:

  • Miscellaneous:

Step 3: Draw the Percentage Bar Diagram

Using the calculated percentages, we draw the percentage bar diagram below.

05.4310.8716.321.74Food19.57Clothing15.22Rent13.04Fuel10.87Education19.57Miscellaneous21.74Percentage (%)
Percentage Bar Diagram of Expenditure

ii) Calculation of Median

Step 1: Understand the Data

The given data is in the form of a cumulative frequency distribution (less than type). We need to find the median class.

Marks, below No. of Students (Cumulative Frequency)
100 90
90 85
80 68
70 48
60 33
50 26
40 20
30 15
20 12
10 4

Step 2: Calculate the Total Number of Students

The total number of students is the last cumulative frequency value, which is 90.

Step 3: Find the Median Position

The median position is given by:

Step 4: Identify the Median Class

We look for the class where the cumulative frequency first exceeds 45.

  • Cumulative frequency up to 70 marks is 48, which is greater than 45.
  • Cumulative frequency up to 80 marks is 68, which is also greater than 45.

Thus, the median class is 70-80.

Step 5: Apply the Median Formula

The formula for the median in a grouped data is:

Where:

  • = Lower limit of the median class = 70
  • = Total number of students = 90
  • = Cumulative frequency before the median class = 33
  • = Frequency of the median class = 48 - 33 = 15
  • = Width of the median class = 10

Substitute the values:

Final Answer: The median is 78.

Discussion

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