Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Measures of Central Tendency

Question:

Suppose the monthly income (in Rs) of six families is given as: 1600, 1500, 1400, 1525, 1625, 1630. Find the mean family income.

Options:

Rs 1,647

Rs 1,607

Rs 1,547

Rs 1,557

Correct Answer:

Rs 1,547

Explanation:

The correct answer is option 3: Rs 1,547

The mean family income is obtained by adding up the incomes and dividing by the number of families.

AM= (1600 + 1500 + 1400 + 1525 + 1625 + 1630)/6

    = 9280/6

    = Rs 1,547