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The monthly income of 100 families are given as below:
Income in (in Rs.) | Number of families |
0-5000 | 8 |
5000-10000 | 26 |
10000-15000 | 41 |
15000-20000 | 16 |
20000-25000 | 3 |
25000-30000 | 3 |
30000-35000 | 2 |
35000-40000 | 1 |
Given:
The monthly income of 100 families are given.
To do:
We have to find the modal income.
Solution:
The frequency of the given data is as given below.
Income in (in Rs.)($x_i$): | Number of families ($f_i$): |
0-5000 | 8 |
5000-10000 | 26 |
10000-15000 | 41 |
15000-20000 | 16 |
20000-25000 | 3 |
25000-30000 | 3 |
30000-35000 | 2 |
35000-40000 | 1 |
We observe that the class interval of 10000-15000 has the maximum frequency(41).
Therefore, it is the modal class.
Here,
$l=10000, h=5000, f=41, f_1=26, f_2=16$
We know that,
Mode $=l+\frac{f-f_1}{2 f-f_1-f_2} \times h$
$=10000+\frac{41-26}{2 \times 41-26-16} \times 5000$
$=10000+\frac{15}{82-42} \times5000$
$=10000+\frac{75000}{40}$
$=10000+1875$
$=11875$
The modal income is Rs. 11875.
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