Mathematics
A life insurance agent found the following data for distribution of ages of 100 policy holders. Calculate the median age, if policies are given only to persons having age 18 years onwards but less than 60 year.
| Age (in years) | Number of policy holders |
|---|---|
| Below 20 | 2 |
| Below 25 | 6 |
| Below 30 | 24 |
| Below 35 | 45 |
| Below 40 | 78 |
| Below 45 | 89 |
| Below 50 | 92 |
| Below 55 | 98 |
| Below 60 | 100 |
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Answer
Cumulative frequency distribution table is as follows :
| Age (in years) | Cumulative frequency | Frequency |
|---|---|---|
| 18 - 20 | 2 | 2 |
| 20 - 25 | 6 | 6 - 2 = 4 |
| 25 - 30 | 24 | 24 - 6 = 18 |
| 30 - 35 | 45 | 45 - 24 = 21 |
| 35 - 40 | 78 | 78 - 45 = 33 |
| 40 - 45 | 89 | 89 - 78 = 11 |
| 45 - 50 | 92 | 92 - 89 = 3 |
| 50 - 55 | 98 | 98 - 92 = 6 |
| 55 - 60 | 100 | 100 - 98 = 2 |
Here, n = 100, .
Cumulative frequency just greater than 50 is 78, belonging to class-interval 35 − 40.
Therefore, median class = 35 - 40
⇒ Class size (h) = 5
⇒ Lower limit of median class (l) = 35
⇒ Frequency of median class (f) = 33
⇒ Cumulative frequency of class preceding median class (cf) = 45
By formula,
Median =
Substituting values we get :
Hence, median age = 35.76 years.
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