The daily income of a sample of employees are tabulated as follows :
Income (in Rs) | ||||
Number of employees |
Find the mean of daily income of employees.
We can find the mean of daily income of employees using assumed mean method.
Step 1.Make frequency distribution table for given data.
Class Interval | ||||
Where is assumed mean.
is frequency of class.
is deviation of class.
is class marks
Step 2. Find the mean.
Since mean [Assumed mean formula]
Therefore we have ,
Mean of daily income of employees
Hence, the mean of daily income of employees is .