Soru

Zorluk: Çok zorBasic Tools of Economic Analysis

The table below presents the frequency distribution of monthly sales revenue (in ₦’000₦\text{'000}) recorded by a sample of 5050 retail traders in a urban commercial center:

Sales Revenue (₦’000₦\text{'000})Number of Traders (ff)
10 �� 198
20 – 2912
30 – 3916
40 – 4910
50 – 594

Calculate the estimated median sales revenue (in ₦’000₦\text{'000}) for the traders.

Cevap: 32.63 ₦'000

Cevap

The estimated median sales revenue is 32.63 thousand Naira (32,625₦32,625).
To calculate the median of grouped data, determine the total frequency (N=50N = 50) and the median position (N2=25\frac{N}{2} = 25). The cumulative frequency distribution shows that the 25th25\text{th} observation falls within the 30 – 3930\text{ – }39 interval. Using the lower class boundary L=29.5L = 29.5, cumulative frequency of prior classes F=20F = 20, median class frequency f=16f = 16, and class length c=10c = 10, the formula Median=L+(N2Ff)×c\text{Median} = L + \left(\frac{\frac{N}{2} - F}{f}\right) \times c yields 29.5+(252016)×10=32.62529.5 + \left(\frac{25 - 20}{16}\right) \times 10 = 32.625, which equals 32.6332.63 when rounded to two decimal places.

Adım Adım Çözüm

1
Calculate the total frequency and median position
Total frequency N=50N = 50, median rank = N2=25\frac{N}{2} = 25
The median of a frequency distribution is located at the middle position N2\frac{N}{2}.
2
Determine cumulative frequencies and identify the median class
Cumulative frequencies are 88, 2020, 3636, 4646, and 5050. The median class is 30 – 39
Since 2020 items fall below 3030, the 25th25\text{th} item lies within the 30 – 3930\text{ – }39 class interval.
3
Extract interpolation parameters for the median class
Lower class boundary L=29.5L = 29.5, preceding cumulative frequency F=20F = 20, class frequency f=16f = 16, class interval width c=10c = 10
The continuous class boundary between 2929 and 3030 is 29.529.5, and interval width is 19.59.5=1019.5 - 9.5 = 10.
4
Compute the linear interpolation for grouped median
Median=29.5+(252016)×10=29.5+3.125=32.62532.63\text{Median} = 29.5 + \left(\frac{25 - 20}{16}\right) \times 10 = 29.5 + 3.125 = 32.625 \approx 32.63
Applying the standard grouped data median formula yields the precise interpolated value.

Anahtar Kavram

Grouped Data Median Calculation
Bu soruyu puanla