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MEAN (Frequency Distribution Series)                   Direct Method
                              Wages        m =        f         fm          1.  Find mid values m = (l + l )/2
                                                                                                    2
                                                                                                  1
                                (x)      (l  + l )/2                        2.  Find fm
                                             2
                                          1
                                                                            3.  Find ∑ fm and ∑ f
                              0 – 100      50         2        100
                                                                            4.  Apply formula
                             100 – 200     150        1         150
                                                                               X =  ∑fm  =  2500  =  250
                             200 – 300     250        3        750                 ∑f     10
                             300 – 400     350        3        1050

                             400 – 500     450        1        450
                                                   ∑ f = 10  ∑ fm = 2500



              Median
              In statistics, the median is the middle value in a given list of numbers arranged in ascending or descending order.
              To find the median, follow these steps:
              u  Arrange data in ascending order.
              u If odd number of values then, middle one is the median.
              u If even number of values then, average of the two middle values.
                                   MEDIAN (Individual Series):

                                      Wages      Wages         1.  Arrange Data in Ascending Order
                                        (x)        (x)         2.  Median =
                                       500         100      1               n1 +  th
                                                                   Size of      item
                                       200         200      2               th  2 

                                       100         300      3       =  5 + 1  item
                                                                        2
                                                                       rd
                                       300         400      4       = 3  item
                                                                    = 300
                                       400         500
                                                   n = 5


              What if there are even number of items. Let us see!
                              MEDIAN (Individual Series):

                               Wages          Wages             1.  Arrange Data in Ascending Order
                                 (X)    (Ascending Order)       2.  Median =
                                                                                 th
                                 500           100          1       Size of      n1 +    item
                                 200           200          2                th 2 

                                                                          2
                                 100           300          3         =  6 + 1  item
                                                                           th
                                 300           400          4         = 3.5  item
                                                                         rd
                                                                                   th
                                                                      =  3  item + 4 item  =  300 + 400
                                 600           500                              2                2
                                 400           600                    = 350
                                               N = 6



                 136    Touchpad Artificial Intelligence - XI
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