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Question

The monthly income (in rupees) of 7 households in village are 1200,1500,1400,1000,1000,1600,10000.
(i) Find the median income of the house holds.
(ii) If one more household with monthly income of Rs. 1500 is added, what will the median income be?

A
i)1400 ii)1450
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B
i)1450 ii)1400
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C
i)1200 ii)1450
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D
i)1000 ii)1250
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Solution

The correct option is A i)1400 ii)1450
(i) Arranging house holds income in ascending order we get,
1000,1000,1200,1400,1500,1600,10000
Number of house holds incomes (n)=7
Median=(n+12)thhouseholdincome=(7+12)thhouseholdincome=4thhouseholdincome
Median=1400
(ii) The order becomes after adding one more household monthly income Rs.1500
1000,1000,1200,1400,1500,1500,1600,10000
Number of house holds incomes (n)=8
Median=12[(n2)thhouseholdincome+(n2+1)thhouseholdincome]
=12[4thhouseholdincome+5thhouseholdincome]

Median=1400+15002=1450

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