From the following income distribution of 500 workers in a locality, find the median value of the income distribution. Income (000 Rs) No. of workers…
BBA Business Statistics · 2023 · Solved Question with Answer
From the following income distribution of 500 workers in a locality, find the median value of the income distribution.
| Income (000 Rs) | No. of workers |
| Below 20 | 50 |
| 20-40 | 90 |
| 40-60 | 150 |
| 60 - 80 | 100 |
| 80 - 100 | 60 |
| 100 & above | 50 |