The monthly income of 100 families are given as below:
Income in (in Rs)Number of families0−500085000−100002610000−150004115000−200001620000−25000325000−30000330000−35000235000−400001
Calculate the modal income.
As the class 10000 – 15000 has maximum frequency, so it is the modal class:
Therefore, l=10000, h=5000,
f=41
and f1=26
and f2=16
Mode=l+f−f12f−f1−f2×h
=10000+41−262(41)−26−16×5000
=10000+1875=11875
Hence, mode = Rs.11875