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Calculate the value of median from the following data:Income 1,200 1,800 5,000 2,500 3,000 1,600 3,500No. OfPersons12 16 2 10 3 15 7

Question

Calculate the value of median from the following data:Income 1,200 1,800 5,000 2,500 3,000 1,600 3,500No. OfPersons12 16 2 10 3 15 7
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Solution 1

To calculate the median from the given data, we first need to arrange the data in ascending order and then find the middle value. However, in this case, we have grouped data, so we need to use a slightly different approach. Here are the steps:

  1. Arrange the data in ascending order:

Income: 1,200, Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.

Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
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