Question

In: Statistics and Probability

The primary data on the income (Ls) of the company employees are given: 140, 150, 150,...

The primary data on the income (Ls) of the company employees are given:
140, 150, 150, 200, 200, 250, 250, 250, 300, 200, 250, 400, 400, 400, 400, 500, 450, 400, 350, 100, 120, 130, 140, 110, 120,
700, 800, 700, 400, 500
Form a variation series (simple and frequency). Calculate the mean, variance. Find mode and median.
Convert variation series to interval. The calculation of the width of the interval is performed according
to the Sturges formula. Find mode and median.

Solutions

Expert Solution

X (X - X̄)²
140 16.00
150 12.00
150 6.00
200 8.00
200 10.00
250 12.00
250 8.000
250 14.000
300 10.000
200 8.000
250 4268.444
400 7168.444
400 7168.444
400 7168.444
400 7168.444
500 34101.778
450 18135.111
400 7168.444
350 1201.778
100 46368.444
120 38155.111
130 34348.444
140 30741.778
110 42161.778
120 38155.111
700 147968.4444
800 234901.7778
700 147968.4444
400 7168.4444
500 34101.7778
X (X - X̄)²
total sum 9460 895692.89
n 30 30

mean =    ΣX/n =    9460.000   /   30   =   315.3333
                      
sample variance =    Σ(X - X̄)²/(n-1)=   895692.8889   /   29   =   30885.962
                      
sample std dev =   √ [ Σ(X - X̄)²/(n-1)] =   √   (895692.8889/29)   =       175.7440

mode= highest frequency data =    400


Median=0.5(n+1)th value =    15.5th   value of sorted data
=   250.000  

Category / Class Lower Upper Frequency Relative Frequency
100 - 200 100 200 9 30%
200 - 300 200 300 7 23%
300 - 400 300 400 2 7%
400 - 500 400 500 7 23%
500 - 600 500 600 2 7%
600 - 700 600 700 0 0%
700 - 800 700 800 2 7%
800 - 900 800 900 1 3%

THANKS

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