The below table shows that profit made by a group of shops in mall. Then the median is
Profit per shop less than (%)102030405060No. of shops1230577794100
27.4
Cumulative frequencies are given by
C.ICFFrequency0−10121210−20301820−30572730−40772040−50941750−601006Total100 n2=1002=50 CF nearest to 50 and greater than 50 is 57 ∴ Median=l+(n2−cff)×hMedian=20+(50−3027)×10 Median = 27.4