B Com Exam  >  B Com Questions  >  Continuous series Calculate quartile deviatio... Start Learning for Free
Continuous series Calculate quartile deviation and the coefficient of quartile deviation from the following data.Wages in rupees per day lesser than 35-37 38-40 41-43 over 43Number of wages 14 62 99 18 7
?
Most Upvoted Answer
Continuous series Calculate quartile deviation and the coefficient of ...
To calculate quartile deviation, we first need to find the first and third quartiles.

Step 1: Find the total number of wages:

Total number of wages = 14 + 62 + 99 + 18 + 7 = 200

Step 2: Find the cumulative frequency for each class interval:

Class interval | Lesser than | Cumulative frequency
-------------------------|-------------|----------------------
35-37 | 14 | 14
38-40 | 62 | 76
41-43 | 99 | 175
Over 43 | 18 | 193
Total | | 200

Step 3: Calculate the first quartile (Q1):

Q1 = L + [(N/4 - CF) / f] x i

where,
L = lower limit of the median class
N = total number of observations
CF = cumulative frequency of the class before the median class
f = frequency of the median class
i = width of the class interval

For Q1, N/4 = 200/4 = 50

The median class is 38-40, with a cumulative frequency of 76.

L = 37 (lower limit of the median class)
CF = 14 (cumulative frequency of the class before the median class)
f = 62 (frequency of the median class)
i = 3 (width of the class interval)

Q1 = 37 + [(50 - 14) / 62] x 3 = 37 + (36/62) x 3 = 38.6

Step 4: Calculate the third quartile (Q3):

Q3 = L + [(3N/4 - CF) / f] x i

For Q3, 3N/4 = 3 x 200/4 = 150

The median class is 41-43, with a cumulative frequency of 175.

L = 40 (lower limit of the median class)
CF = 76 (cumulative frequency of the class before the median class)
f = 99 (frequency of the median class)
i = 3 (width of the class interval)

Q3 = 40 + [(150 - 76) / 99] x 3 = 40 + (74/99) x 3 = 42.3

Step 5: Calculate quartile deviation:

Quartile deviation = (Q3 - Q1) / 2

Quartile deviation = (42.3 - 38.6) / 2 = 1.85

Step 6: Calculate coefficient of quartile deviation:

Coefficient of quartile deviation = (Quartile deviation / (Q3 + Q1) / 2) x 100

Coefficient of quartile deviation = (1.85 / (42.3 + 38.6) / 2) x 100 = 5.68%

Therefore, the quartile deviation is 1.85 and the coefficient of quartile deviation is 5.68%.
Explore Courses for B Com exam
Continuous series Calculate quartile deviation and the coefficient of quartile deviation from the following data.Wages in rupees per day lesser than 35-37 38-40 41-43 over 43Number of wages 14 62 99 18 7 Related: Quartile Deviation - Measures of Dispersion, Business Mathematics & Statistics?
Question Description
Continuous series Calculate quartile deviation and the coefficient of quartile deviation from the following data.Wages in rupees per day lesser than 35-37 38-40 41-43 over 43Number of wages 14 62 99 18 7 Related: Quartile Deviation - Measures of Dispersion, Business Mathematics & Statistics? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Continuous series Calculate quartile deviation and the coefficient of quartile deviation from the following data.Wages in rupees per day lesser than 35-37 38-40 41-43 over 43Number of wages 14 62 99 18 7 Related: Quartile Deviation - Measures of Dispersion, Business Mathematics & Statistics? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Continuous series Calculate quartile deviation and the coefficient of quartile deviation from the following data.Wages in rupees per day lesser than 35-37 38-40 41-43 over 43Number of wages 14 62 99 18 7 Related: Quartile Deviation - Measures of Dispersion, Business Mathematics & Statistics?.
Solutions for Continuous series Calculate quartile deviation and the coefficient of quartile deviation from the following data.Wages in rupees per day lesser than 35-37 38-40 41-43 over 43Number of wages 14 62 99 18 7 Related: Quartile Deviation - Measures of Dispersion, Business Mathematics & Statistics? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.
Here you can find the meaning of Continuous series Calculate quartile deviation and the coefficient of quartile deviation from the following data.Wages in rupees per day lesser than 35-37 38-40 41-43 over 43Number of wages 14 62 99 18 7 Related: Quartile Deviation - Measures of Dispersion, Business Mathematics & Statistics? defined & explained in the simplest way possible. Besides giving the explanation of Continuous series Calculate quartile deviation and the coefficient of quartile deviation from the following data.Wages in rupees per day lesser than 35-37 38-40 41-43 over 43Number of wages 14 62 99 18 7 Related: Quartile Deviation - Measures of Dispersion, Business Mathematics & Statistics?, a detailed solution for Continuous series Calculate quartile deviation and the coefficient of quartile deviation from the following data.Wages in rupees per day lesser than 35-37 38-40 41-43 over 43Number of wages 14 62 99 18 7 Related: Quartile Deviation - Measures of Dispersion, Business Mathematics & Statistics? has been provided alongside types of Continuous series Calculate quartile deviation and the coefficient of quartile deviation from the following data.Wages in rupees per day lesser than 35-37 38-40 41-43 over 43Number of wages 14 62 99 18 7 Related: Quartile Deviation - Measures of Dispersion, Business Mathematics & Statistics? theory, EduRev gives you an ample number of questions to practice Continuous series Calculate quartile deviation and the coefficient of quartile deviation from the following data.Wages in rupees per day lesser than 35-37 38-40 41-43 over 43Number of wages 14 62 99 18 7 Related: Quartile Deviation - Measures of Dispersion, Business Mathematics & Statistics? tests, examples and also practice B Com tests.
Explore Courses for B Com exam
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev