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Question

The data obtained for 100 shops for their daily profit per shop are as follows :
Daily profit per shop (in Rs)0100100200200300300400400500500600
Number of shops 12 182720176
find the median profit per shop ?

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Solution

C.I fi c.f
0100 12 12
100200 18 30
200300 27 57
300400 20 77
400500 17 94
500600 6 100
fi=100
n=fi=100 then, 1002=50
Medianclass=200300
The, l=200,c.f=30,f=27 and h=100
Median=l+n2c.ff×100

=200+503027×100

=200+74.07
Median=274.07

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