Measures of Central Tendency

Question

Monthly incomes of five families are given below. Calculate mean by Short Cut Method.

6550, 7550,9550, 4550 and 8000.

Answer

Calculation of A. M. by Short Cut Method:

S. No.

Montly Income X

Deviation from
A.M.
(d) (X-A.M.)

1

2

3

4

5

6550

7550

9550

4550

800

1000

2000

4000

-1000

2450

   

Σd = 8450

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