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.
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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