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    Calculate Q3 For The Following Data. Sales (In Lakhs ) 10-20 20-30 30-40 40-50

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    David Oba Olayiwola
    The document provides the data and question to calculate the third quartile (Q3) for a given data set of sales figures and number of firms. It shows the calculation steps to find the value of Q3 as 56.09 by using the formula for quartiles.

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    Calculate Q3 For The Following Data. Sales (In Lakhs ) 10-20 20-30 30-40 40-50

    Uploaded by

    David Oba Olayiwola
    32 views6 pages
    The document provides the data and question to calculate the third quartile (Q3) for a given data set of sales figures and number of firms. It shows the calculation steps to find the value of Q3 as 56.09 by using the formula for quartiles.

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    Calculate Q3 for the following data. Sales (in lakhs ₹) 10-20 20-30 30-40 40-50

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    The document provides the data and question to calculate the third quartile (Q3) for a given data set of sales figures and number of firms. It shows the calculation steps to find the value of Q3 as 56.09 by using the formula for quartiles.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    32 views6 pages

    Calculate Q3 For The Following Data. Sales (In Lakhs ) 10-20 20-30 30-40 40-50

    Uploaded by

    David Oba Olayiwola
    The document provides the data and question to calculate the third quartile (Q3) for a given data set of sales figures and number of firms. It shows the calculation steps to find the value of Q3 as 56.09 by using the formula for quartiles.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
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    Sum

    Calculate Q3 for the following data.

    Sales (in lakhs ₹) 10-20 20-30 30-40 40-50 50-60 60-70

    No. of firms 20 30 70 48 32 50

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    Sales (in lakhs Rs) Number of firms cf

    10-20 20 20

    20-30View in app × 30 50

    30-40 70 120
    Chapter 3: Partition Values - Exercise Q.4 [Page 23]
    40-50 48 168
    Q3 Q4 Q5
    50-60 32 200

    60-70 50 250

    N = 250

    n th observation
    Q3= Size of 3( )
    4
    th observation
    250
    = Size of 3( )
    4
    th observation
    = Size of 3(62.5)

    = Size of 187.5th observation

    = Size of 187.5th observation lies in cf 200

    Hence, quartile class is 50-60

    L = 50, F = 32, CF = 168, N = 250, H = 10

    ( 3n
    4 − cf)
    Q3 = L+ ×h
    f
    3(250)
    4 − 168
    Q3 = 50+ × 10
    32
    19.5
    Q3 = 50 + × 10
    32
    Q3 = 50 + 6.09375

    Q3 = 56.09

    Concept: Quartiles

    Report Error Is there an error in this question or solution?

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    Chapter 3 Partition Values
    Exercise Q.4 | Q 4 | Page 23
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