Practicing Success
Following data relates to daily wages of persons working in a factory. Compute the median daily wage.
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34.83 34.13 35.53 35.83 |
35.83 |
The correct answer is option 4: 35.83
In case of continuous series we have to locate the median class where N/2th item lies. In the above question median class is the value of (N/2)th item (i.e.160/2) = 80th item of the series, which lies in 35–40 class interval. The median can then be obtained as follows: Median =L + [(N/2- c.f)/f] * h Where, L = lower limit of the median class c.f. = cumulative frequency of the class preceding the median class, f = frequency of the median class, h = magnitude of the median class interval. Putting the values in the formula, Median = 35 + [(80-75)/30] * (40-35) = 35 + (5*5)/30 = 35.83 |