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The daily income of 10families in a certain locatily Family A 85 B 70 C 10 D 75 E 44 F 8 G 42 H 250 I. 40 J. 36?
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The daily income of 10families in a certain locatily Family A 85 B 70 ...
Analysis of Daily Income of 10 Families in a Certain Locality
The given information provides the daily income of 10 families residing in a certain locality. The income of each family is different from others. Let's analyze the data in detail.
Maximum Income
- The family with the highest daily income is H, which earns 250 per day.
Minimum Income
- The family with the lowest daily income is F, which earns 8 per day.
Average Income
- The average daily income of all the families can be calculated by adding up the incomes of all the families and dividing it by the total number of families, which is 10 in this case.
- The sum of daily incomes of all the families is 85+70+10+75+44+8+42+250+40+36 = 660.
- Therefore, the average daily income of all the families is 660/10 = 66.
Income Distribution
- The income distribution of the families can be categorized into three groups based on their income:
- High Income Group: Family H, which earns 250 per day.
- Medium Income Group: Families A, B, D, and G, which earn between 70-85 per day.
- Low Income Group: Families C, E, F, I, and J, which earn between 8-44 per day.
Income Disparity
- The income disparity among the families can be noticed from the difference in their daily incomes.
- The family with the highest income earns 31.25 times more than the family with the lowest income.
- Therefore, there is a significant income disparity among the families in this locality.
Thus, the analysis of daily income of 10 families in a certain locality reveals the income distribution and disparity among them.
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The daily income of 10families in a certain locatily Family A 85 B 70 C 10 D 75 E 44 F 8 G 42 H 250 I. 40 J. 36?
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The daily income of 10families in a certain locatily Family A 85 B 70 C 10 D 75 E 44 F 8 G 42 H 250 I. 40 J. 36? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about The daily income of 10families in a certain locatily Family A 85 B 70 C 10 D 75 E 44 F 8 G 42 H 250 I. 40 J. 36? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The daily income of 10families in a certain locatily Family A 85 B 70 C 10 D 75 E 44 F 8 G 42 H 250 I. 40 J. 36?.
The daily income of 10families in a certain locatily Family A 85 B 70 C 10 D 75 E 44 F 8 G 42 H 250 I. 40 J. 36? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about The daily income of 10families in a certain locatily Family A 85 B 70 C 10 D 75 E 44 F 8 G 42 H 250 I. 40 J. 36? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The daily income of 10families in a certain locatily Family A 85 B 70 C 10 D 75 E 44 F 8 G 42 H 250 I. 40 J. 36?.
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