EconomicsNEB 2081
If arithmetic mean = 22 and mode = 25, find the value of median. GROUP: B Short answer questions 8 × 5 = 40
1Answer
To find the median given the arithmetic mean and mode, we use the empirical relationship between the three measures of central tendency:
Given:
- Arithmetic mean () = 22
- Mode () = 25
Substitute the values into the formula:
Divide both sides by 3:
Solve for the median:
Thus, the value of the median is 23.
Discussion
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