Class 120-170 170-220 220-270 270-320 320-370 Frequency 33 13 10 31 11
The median is the middle value in a dataset that separates the higher half from the lower half. For a grouped frequency distribution, we calculate the median using a specific formula after identifying the median class.
First, let's organize the given data and calculate the cumulative frequency ($CF$) for each class interval.
| Class Interval | Frequency ($f$) | Cumulative Frequency ($CF$) |
|---|---|---|
| 120-170 | 3 | 3 |
| 170-220 | 13 | 16 |
| 220-270 | 10 | 26 |
| 270-320 | 3 | 29 |
| 320-370 | 1 | 30 |
Sum all the frequencies to find the total number of observations.
$ N = 3 + 13 + 10 + 3 + 1 = 30 $
The position of the median value is found by $\frac{N}{2}$.
$ \text{Median Position} = \frac{N}{2} = \frac{30}{2} = 15 $
This means the median is the value of the 15th observation.
Look at the cumulative frequency ($CF$) column. The median class is the class interval where the cumulative frequency first equals or exceeds the median position (15).
Therefore, the **median class** is 170-220.
The formula to calculate the median for grouped data is:
$ \text{Median} = L + \left( \frac{\frac{N}{2} - CF}{f} \right) \times w $
Where:
From our data:
Now, substitute these values into the formula:
$ \text{Median} = 170 + \left( \frac{15 - 3}{13} \right) \times 50 $
$ \text{Median} = 170 + \left( \frac{12}{13} \right) \times 50 $
$ \text{Median} = 170 + \frac{600}{13} $
$ \text{Median} \approx 170 + 46.15 $
$ \text{Median} \approx 216.15 $
The calculation shows the median value to be approximately 216.15 based on the standard formula and the provided distribution data.
Let $X_1, X_2, X_3$ be a random sample of size 3 from an absolutely continuous distribution that is symmetric about 0. For $i=1,2,3$, let $R_i$ denote the rank of $|X_i|$ among $|X_1|, |X_2|$ and $|X_3|$.
If $T^+ = \sum_{i=1, X_i>0}^3 R_i$
is the Willcoxon signed-rank statistic, then which of the following statements are true?,
Which of the following statements are correct?
(A).When a cyclical pattern in data has a period of less than 1 year, the pattern in data is called seasonal variation
(B). When a cyclical pattern has a period more than 1 year, we refer to it as cyclical variation
(C). Seasonality is considered equivalent to forecasting
(D). Cyclical behaviour in business is also termed as business cycle
Choose the correct answer from the options given below: