The daily income of a sample of 50 employees are tabulated as follows
Income (in Rs.) 1-200 201-400 401-600 601-800
Number of employees 14 15 14 7
Find the mean daily income of employees

Solution:

Given, the data represents the daily income of a sample of 50 employees.

We have to find the mean daily income of employees.

By direct method,

Mean = ∑fx / ∑f

From the table,

Mean = 17825/50

= 356.5

Therefore, the mean is 356.5

✦ Try This: The daily income of a sample of 50 employees are tabulated as follows:

Find the mean daily income of employees.

☛ Also Check: NCERT Solutions for Class 10 Maths Chapter 14

NCERT Exemplar Class 10 Maths Exercise 13.3 Problem 5

The daily income of a sample of 50 employees are tabulated as follows: Income (in Rs.) 1-200 201-400 401-600 601-800 Number of employees 14 15 14 7. Find the mean daily income of employees

Summary:

Mean is a statistical concept that carries a major significance in finance and is used in various financial fields and business valuation.The mean daily income of 50 employees is 356.5

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