Solution to The following table shows the income distribution of 600 families. Find the minimum income of … - Sikademy
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Archangel Macsika

The following table shows the income distribution of 600 families. Find the minimum income of the riches 30% families. Also the limits of income of middle 50% of families, to the nearest rupees. Income Below 75 75- 150 150- 225 225- 300 300- 375 375- 400 400 & above No. of families 69 137 225 46 88 25 10 Ans.: the richest 30 % families earns Rs. 222 and above per week , the middle 50% families weekly income lies between 120 and 256.

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Here's the Solution to this Question

Income f cf

0-75 69 69

75-150 137 206

150-225 225 431

225-300 46 477

300-375 88 565

375-400 25 590

400+ 10 600

a)

To find the minimum income of the richest 30% families, we find the 70th percentile as follows.

P_{70}=l+({70\times n\over100}-cf)\times{c\over f} where, n=600

l is the lower class boundary of the class containing P_{70}

f is the frequency of the class containing P_{70}

c is the width of the class containing P_{70}

cf is the cumulative frequency of the class preceding the class containing P_{70}

P_{70} is in the ({70\times600\over100})^{th} =420^{th} position. Therefore, it lies in the class, 150-225

Thus,

P_{70}=150+(420-206)\times{75\over225}=150+71.33=221.33\approx 222 ( to the nearest rupees)

Therefore, the richest 30% families earns Rs. 222 and above per week

b)

The middle 50% families lies between the 25th and the 75th percentile. To find the range of their income, we find P_{25} as the lower limit and P_{75} as the upper limit.

Now,

P_{25}=l+({25\times n\over100}-cf)\times{c\over f} where, n=600

l is the lower class boundary of the class containing P_{25}

f is the frequency of the class containing P_{25}

c is the width of the class containing P_{25}

cf is the cumulative frequency of the class preceding the class containing P_{25}

P_{25} is in the ({25\times600\over100})^{th} =150^{th} position. Therefore, it lies in the class, 75-150

Thus,

P_{25}=75+(150-69)\times{75\over137}=75+44.34=119.34\approx 120 ( to the nearest rupees)

and,

P_{75}=l+({75\times n\over100}-cf)\times{c\over f} where, n=600

l is the lower class boundary of the class containing P_{75}

f is the frequency of the class containing P_{75}

c is the width of the class containing P_{75}

cf is the cumulative frequency of the class preceding the class containing P_{75}

P_{75} is in the ({75\times600\over100})^{th} =450^{th} position. Therefore, it lies in the class, 225-300

Thus,

P_{75}=225+(450-431)\times{75\over46}=225+=255.98\approx 256 ( to the nearest rupees)

Therefore, the middle 50% families weekly income lies between 120 and 256.


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