Calculate the average daily income of the following data about men working in a company
Daily income <100. < 200 <300. <400. <500
No. Of men. 12. 28. 34. 41. 50
We can form the frequency table as
Interval | Class interval(x) | Frequency(f) | x.f |
0-100 | 50 | 12 | 600 |
100-200 | 150 | 28-12 = 16 | 2400 |
200-300 | 250 | 34-28 = 6 | 1500 |
300-400 | 350 | 41-34 = 7 | 2450 |
400-500 | 450 | 50-41 = 9 | 4050 |
So the average daily income-
=(Sum ofx.f)(Sum of frequency)
=(11000)50
=220