Find the mean daily wages of 50 workers in a factory using the assumed mean method for the following data: Daily Wages (in ₹): 500–520, 520–540, 540–560, 560–580, 580–600 Number of workers: 12, 14, 8, 6, 10
Answer
₹ 545.20
The correct answer is ₹ 545.20 — Apply the mean formula: .
Step-by-step solution
- Find the class marks () for each class interval: .
- Choose an assumed mean (the middle class mark).
- Calculate deviations : .
- Multiply each frequency by its corresponding : , , , , and .
- Sum the frequencies and products: and .
- Apply the mean formula: .
Common mistake: Adding negative and positive values of incorrectly.
Concept tested: Assumed mean method for grouped data
Published · How this solution was prepared and checked
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