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Question

The daily expenses of 40 families has been shown by the following frequency distribution:
Expenses (in ₹) 500 − 700 700 − 900 900 − 1100 1100 − 1300 1300 − 1500
Number of families 6 8 10 9 7

Find the mean daily expenses.

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Solution


Here, h = 200

Let the assumed mean, A be ₹1000.
Expenses (in ₹) Mid-Values(xi) Number of Families(fi) di=xi-1000 ui=xi-1000200 fiui
500−700 600 6 −400 −2 −12
700−900 800 8 −200 −1 −8
900−1100 1000 10 0 0 0
1100−1300 1200 9 200 1 9
1300−1500 1400 7 400 2 14
fi=40 fiui=3


We know

Mean =A+h×fiuifi

∴ Mean daily expenses

=1000+200×340=1000+15=1015

Thus, the mean daily expenses is ₹1015.


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