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…
10i) 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 Total Expenditure
First, we sum up all the expenditure values to find the total expenditure.
Step 2: Calculate Percentage for Each Item
Next, we calculate the percentage of each item relative to the total expenditure.
- Food:
- Clothing:
- Rent:
- Fuel:
- Education:
- Miscellaneous:
Step 3: Draw the Percentage Bar Diagram
Below is the percentage bar diagram representing the expenditure on different items.
ii) Calculation of Median
Step 1: Find the Total Number of Students
The total number of students is given by the cumulative frequency of the last class interval.
Step 2: Determine the Median Position
The median is the value of the middle item in an ordered series. The position of the median is given by:
Step 3: Find the Median Class
We now find the class interval in which the 196th item lies. We calculate the cumulative frequency to identify the correct class.
| Marks, below | No. of Students | Cumulative Frequency |
|---|---|---|
| 100 | 90 | 90 |
| 90 | 85 | 175 |
| 80 | 68 | 243 |
| 70 | 48 | 291 |
| 60 | 33 | 324 |
| 50 | 26 | 350 |
| 40 | 20 | 370 |
| 30 | 15 | 385 |
| 20 | 12 | 397 |
| 10 | 4 | 401 |
The cumulative frequency reaches 243 in the class interval 80-90, which includes the 196th item. Thus, the median class is 80-90.
Step 4: Apply the Median Formula
The formula for the median in a continuous series is:
Where:
- = Lower limit of the median class = 80
- = Total number of students = 391
- = Cumulative frequency of the class preceding the median class = 175
- = Frequency of the median class = 68
- = Width of the median class = 10 (since 90 - 80 = 10)
Substituting the values:
Median = 83
Discussion
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