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
27.5
Cumulative frequencies are given by :
C.IFrequencyCF0−10121210−20183020−30275730−40207740−50179450−606100Total100
n2=1002=50
n = 100
The median for grouped data is formed by n2 = 50th Observation.
Let's draw an ogive and plot the points on it.
The median of the given Data is - 27.5 as seen from the Graph