Calculate the mean deviation of the following income groups of five and seven members from their medians :
IIIIncome in RsIncome in Rs400038004200400044004200460044004800460048005800
Calculate the mean deviation for the first data set. The data is already arranged in ascending order.
For this data set, n is equal to 5.
Also, median, M = 4400
xi|di|=|xi−M|400040042002004400046002004800400Total1200
M.D.=15×1200=240
Therefore, for the income of families in the first group, the mean deviation from the median is Rs 240.
Now, consider the second data set. This is also arranged in ascending order.
Here, n = 7
Also, median M = 4400
xi|di|=|xi−M|380060040004004200200440004600200480040058001400Total3200
M.D.=17×3200=457.14