Question

(A) If mean of a service is 30 and mode is 25. Find median.

(B) The wholesale price index in India is continuously rising over the year 2012 and 2013.

Which value is compromised with the rising wholesale price index ?

Answer 1

(A) Mode = 3 Median - 2 Mean

25=3 Median - $(2\times 30)$

25=3 Median-60

3 Median=85 or Median=$\frac{85}{3}$=28.33

(B) The value of non equitable treatement to the poor section of the society is comprimised here. The rise in wholesale price index hurts more the poor and lower middle class as they have meager resources to run their life. Rise in prices of essential commodities will lead to sufferings for them.