The table below presents the distribution of weekly expenditure (in thousands of Naira) of small-scale farmers in a rural community:
| Weekly Expenditure (\text{N}'000) | Frequency () |
|---|---|
| 10 – 19 | 3 |
| 20 – 29 | 7 |
| 30 – 39 | 6 |
| 40 – 49 | 4 |
What is the mean weekly expenditure of the farmers?
- A
- B
- Answer
- D
Answer
The mean weekly expenditure is (or ).
The mean of grouped data is computed using the formula . Finding the midpoints (), multiplying by their respective frequencies (), and dividing the sum () by the total frequency () yields .
Step-by-Step Solution
Key Concept
Calculation of Mean for Grouped Frequency Data
Estimated Time:1m 0s