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Q.

From the data given below, find median graphically.

Number of SharesShareholders
0 - 1060
10 - 2080
20 - 3012
30 - 4028
40 - 5020
Kerala DhseKerala DHSE Plus One Commerce Board 2023Subjective· 5mImportance★★★★★
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Plotting the 'less than' and 'more than' cumulative frequency curves and dropping a perpendicular from their point of intersection to the X-axis gives the median. Here N/2 = 100 and the median = 15 shares, confirmed by the interpolation formula.

Step 1 — Cumulative frequencies (total shareholders N = 60+80+12+28+20 = 200):

Class (No. of Shares)fLess-than CFMore-than CF
0 - 106060200
10 - 2080140140
20 - 301215260
30 - 402818048
40 - 502020020

Step 2 — Graphical method:

  • Plot the 'less than' ogive using upper class limits (10,20,30,40,50) against less-than CF (60,140,152,180,200).
  • Plot the 'more than' ogive using lower class limits (0,10,20,30,40) against more-than CF (200,140,60,48,20). …

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