Commerce Exam  >  Commerce Notes  >  Economics Class 11  >  NCERT Solutions - Measures of Central Tendency

NCERT Solutions for Class 12 Economics - Measures of Central Tendency

Q1: Which average would be suitable in the following cases?
(i) Average size of readymade garments.
(ii) Average intelligence of students in a class.
(iii) Average production in a factory per shift.
(iv) Average wage in an industrial concern.
(v) When the sum of absolute deviations from average is least.
(vi) When quantities of the variable are in ratios.
(vii) In case of open-ended frequency distribution.
An
s: (i) The demand for the average size of any readymade garment is the maximum. As, the modal value represents the value with the highest frequency, so the number of the average size to be produced is given by the Modal value.
(ii) Median will be the best measure for calculating the average intelligence of students in a class. It is the value that divides the series into two equal parts. So, number of students below and above the average intelligence can easily be estimated by median.
(iii) It is advisable to use mean for calculating the average production in a factory per shift. The average production is best calculated by arithmetic mean.
(iv) Mean will be the most suitable measure. It is calculated by dividing the sum of wages of all the labour by the total number of labours in the industry.
(v) When the sum of absolute deviations from average is the least, then mean could be used to calculate the average. This is an important mathematical property of arithmetic mean. The algebraic sum of the deviations of a set of n values from A.M. is 0.
(vi) Median will be the most suitable measure in case the variables are in ratios. It is least affected by the extreme values.
(vii) In case of open ended frequency distribution, Median is the most suitable measure as it can be easily computed. Moreover, the median value can be estimated even in case of incomplete statistical series.

Q2: Indicate the most appropriate alternative from the multiple choices provided against each question.
(i) The most suitable average for qualitative measurement is
(a) arithmetic mean
(b) median
(c) mode
(d) geometric mean
(e) none of the above
Ans: 
Median is the most suitable average for qualitative measurement. This is because Median divides a series in two equal parts.

(ii) Which average is affected most by the presence of extreme items?
(a) median
(b) mode
(c) arithmetic mean
(d) geometric mean
(e) harmonic mean
Ans:
Arithmetic mean is the most affected by the presence of extreme items. It is one of the prime demerits of the arithmetic mean. It is easily distorted by the extreme values, and also the value of arithmetic mean may not figure out at all in the series.

(iii) The algebraic sum of deviation of a set of n values from A.M. is
(a) n
(b) 0
(c) 1
(d) none of the above

Ans: The algebraic sum of deviation of a set of n values from A.M. is zero. This is one of the mathematical properties of arithmetic mean.

Q3: Comment whether the following statements are true or false.
(i) The sum of deviation of items from median is zero.
(ii) An average alone is not enough to compare series.
(iii) Arithmetic mean is a positional value.
(iv) Upper quartile is the lowest value of top 25% of items.
(v) Median is unduly affected by extreme observations.

Ans: (i) The sum of deviation of items from median is zero. False
The statement is false. This mathematical property applies to the arithmetic mean that states that the sum of the deviation of all items from the mean is zero.
(ii) An average alone is not enough to compare series. True
An average indicates only the behaviour of a particular series. Therefore, in order to measure the extent of divergence of different items from the central tendency is measured by dispersion. So, average is not enough to compare the series.
(iii) Arithmetic mean is a positional value. False
This statement is false as mean is not a positional average, rather the statement holds true for median and mode. The calculation of median and modal values is based on the position of the items in the series, i.e. why these are also termed as positional averages.
(iv) Upper quartile is the lowest value of top 25% of items. True
The value that divides a statistical series into four equal parts, the end value of each part is called quartile. The third quartile or the upper quartile has 75 % of the items below it and 25 % of items above it,
(v) Median is unduly affected by extreme observations. False
This statement is true for Arithmetic mean. Arithmetic mean is most affected by the presence of extreme items. It is one of the prime demerits of the arithmetic mean. It is easily distorted by the extreme values, and also the value of arithmetic mean may not figure out at all in the series.

Q4: If the arithmetic mean of the data given below is 28, find (a) the missing frequency, and (b) the median of the series:
NCERT Solutions for Class 12 Economics - Measures of Central TendencyAns:
(i) Let the missing frequency be f1
Arithmetic Mean = 28
NCERT Solutions for Class 12 Economics - Measures of Central TendencyNCERT Solutions for Class 12 Economics - Measures of Central Tendency
or, 2240 + 28f1 = 2100 + 35f1
or, 2240 – 2100 = 35f1 – 28f1
or, 140 = 7f1
f1 = 20
(ii)
NCERT Solutions for Class 12 Economics - Measures of Central TendencyNCERT Solutions for Class 12 Economics - Measures of Central Tendency
So, the Median class = Size of  NCERT Solutions for Class 12 Economics - Measures of Central Tendency item
= 50th item
50th item lies in the 57th cumulative frequency and the corresponding class interval is 20 – 30.
NCERT Solutions for Class 12 Economics - Measures of Central Tendency

Q5: The following table gives the daily income of ten workers in a factory. Find the arithmetic mean.
NCERT Solutions for Class 12 Economics - Measures of Central TendencyAns:
NCERT Solutions for Class 12 Economics - Measures of Central TendencyN = 10
NCERT Solutions for Class 12 Economics - Measures of Central Tendency
Arithmetic mean = Rs 240

Q6: Following information pertains to the daily income of 150 families. Calculate the arithmetic mean.
NCERT Solutions for Class 12 Economics - Measures of Central TendencyAns:
NCERT Solutions for Class 12 Economics - Measures of Central TendencyNCERT Solutions for Class 12 Economics - Measures of Central Tendency
= Rs 116.33

Q7: The size of land holdings of 380 families in a village is given below. Find the median size of land holdings.
NCERT Solutions for Class 12 Economics - Measures of Central TendencyAns:
NCERT Solutions for Class 12 Economics - Measures of Central TendencyNCERT Solutions for Class 12 Economics - Measures of Central Tendency

So, the Median class = Size of NCERT Solutions for Class 12 Economics - Measures of Central Tendency item = 190th item
190th item lies in the 129th cumulative frequency and the corresponding class interval is 200 – 300.
NCERT Solutions for Class 12 Economics - Measures of Central Tendency
Median size of land holdings = 241.22 acres

Q8: The following series relates to the daily income of workers employed in a firm. Compute (a) highest income of lowest 50% workers (b) minimum income earned by the top 25% workers and (c) maximum income earned by lowest 25% workers.
NCERT Solutions for Class 12 Economics - Measures of Central Tendency(Hint: Compute median, lower quartile and upper quartile)
Ans:
NCERT Solutions for Class 12 Economics - Measures of Central Tendency(a) Highest income of lowest 50% workers
NCERT Solutions for Class 12 Economics - Measures of Central Tendency
NCERT Solutions for Class 12 Economics - Measures of Central Tendency
32.5th item lies in the 50th cumulative frequency and the corresponding class interval is 24.5 – 29.5.
NCERT Solutions for Class 12 Economics - Measures of Central Tendency
(b) Minimum income earned by top 25% workers

In order to calculate the minimum income earned by top 25% workers, we need to ascertain Q3.
NCERT Solutions for Class 12 Economics - Measures of Central Tendency
48.75th item lies in 50th item and the corresponding class interval is 24.5 – 29.5.
NCERT Solutions for Class 12 Economics - Measures of Central Tendency
(c) Maximum  income earned by lowest 25% workers

In order to calculate the maximum income earned by lowest 25% workers, we need to ascertain Q1.
NCERT Solutions for Class 12 Economics - Measures of Central Tendency
16.25th item lies in the 30th cumulative frequency and the corresponding class interval is 19.5 – 24.5
NCERT Solutions for Class 12 Economics - Measures of Central Tendency

Q9: The following table gives production yield in kg. per hectare of wheat of 150 farms in a village. Calculate the mean, median and mode values.
NCERT Solutions for Class 12 Economics - Measures of Central TendencyAns: (i) Mean
NCERT Solutions for Class 12 Economics - Measures of Central TendencyNCERT Solutions for Class 12 Economics - Measures of Central Tendency
= 63.5 + 0.32
= 63.82 kg per hectare
(ii) Median
NCERT Solutions for Class 12 Economics - Measures of Central TendencyNCERT Solutions for Class 12 Economics - Measures of Central Tendency
NCERT Solutions for Class 12 Economics - Measures of Central Tendency
75th item lies in the 91st cumulative frequency and the corresponding class interval is 62 – 65.
NCERT Solutions for Class 12 Economics - Measures of Central Tendency
 (iii) Mode
NCERT Solutions for Class 12 Economics - Measures of Central TendencyNCERT Solutions for Class 12 Economics - Measures of Central TendencyModal class = 62 – 65
NCERT Solutions for Class 12 Economics - Measures of Central Tendency

The document NCERT Solutions for Class 12 Economics - Measures of Central Tendency is a part of the Commerce Course Economics Class 11.
All you need of Commerce at this link: Commerce
75 videos|269 docs|46 tests

Top Courses for Commerce

FAQs on NCERT Solutions for Class 12 Economics - Measures of Central Tendency

1. What are measures of central tendency?
Ans. Measures of central tendency are statistical measures used to determine the center or average of a data set. They provide a single value that represents the entire data set, making it easier to understand and analyze the data. The three commonly used measures of central tendency are the mean, median, and mode.
2. How is the mean calculated?
Ans. The mean is calculated by summing up all the values in a data set and then dividing the sum by the total number of values. It is also known as the average. For example, if we have the data set {5, 7, 9, 11, 13}, the mean would be (5+7+9+11+13)/5 = 9.
3. When should we use the median instead of the mean?
Ans. The median should be used instead of the mean when the data set contains outliers or extreme values that can significantly affect the mean. The median is the middle value of a data set when arranged in ascending or descending order. It is not affected by outliers, making it a better measure of central tendency in such cases.
4. What does the mode represent in a data set?
Ans. The mode represents the value or values that occur most frequently in a data set. It is the only measure of central tendency that can be used with categorical or qualitative data. In a data set {2, 4, 4, 6, 8}, the mode would be 4 because it occurs more frequently than any other value.
5. How do measures of central tendency help in data analysis?
Ans. Measures of central tendency provide a summary of the data by representing it with a single value. They help in understanding the typical or central value of the data set and provide a basis for comparison between different data sets. They are useful in making predictions, identifying outliers, and analyzing trends in data.
75 videos|269 docs|46 tests
Download as PDF
Explore Courses for Commerce exam

Top Courses for Commerce

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
Related Searches

NCERT Solutions for Class 12 Economics - Measures of Central Tendency

,

pdf

,

MCQs

,

video lectures

,

Sample Paper

,

study material

,

Exam

,

Extra Questions

,

Important questions

,

ppt

,

shortcuts and tricks

,

Objective type Questions

,

past year papers

,

Free

,

Summary

,

NCERT Solutions for Class 12 Economics - Measures of Central Tendency

,

Viva Questions

,

practice quizzes

,

Previous Year Questions with Solutions

,

mock tests for examination

,

Semester Notes

,

NCERT Solutions for Class 12 Economics - Measures of Central Tendency

;