Calculate the mean and the standard deviation for the following date.
wages upto (Rs.)153045607590105120Number of workers123065107157202222230
Firstly, we will prepare the frequency distribution as given below
Class IntervalCumulativeMid-valueFrequencydi=xi−67.515d2ifi difi d2iFrequencyxifi0−15127.512−416−4819215−303022.518−39−5416230−456537.535−24−7014045−6010752.542−11−424260−7515767.550000075−9020282.54511454590−10522297.520244080105−120230112.58392472∑fi=230∑fi di=−105∑fi d2i=733
Here, A=67.5,h=15,∑fi=230
∑fi di=−105,∑fi d2i=733
∴ Mean=A+h(∑fi di∑fi)=67.5+15(−105230)
=67.5−6.85=60.65
and var(x) =h2[∑fi d2i∑fi−(∑fi di∑fi)2]
=225[733230−(−105230)2]
=225(3.18−02.25)
=669.937
∴SD=√Var(x)
=√669.937
=25.88