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Question

The monthly income of Heaven households in a village 1200, 1500, 1400, 1000, 1000, 1600, 10,000, 1) find the median income of the households ? 2) if one more household with monthly income of Rupees 1500 is added what will be the median income become?

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Solution

arrange in the ascending or descending order'
1000
1000
1200
1400
1500
1600
10000

1400 comes in middle.Therefore it is the median.

ii)If 1500 is added
1000
1000
1200
1400
1500
1500
1600
10000

1400 and 1500 comes in middle.So we take the average.

Median=(1400+1500)/2=2900/2=1450


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