Question
Are quartiles affected by change in origin and change in scale?
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Following table represents the demand schedule of households, A, B and C. Derive market demand schedule.
| Price (₹) | Household A (Units) | Household B (Units) | Household C (Units) |
| 8 | 6 | 12 | 22 |
| 7 | 7 | 13 | 23 |
| 6 | 8 | 14 | 24 |
| 5 | 9 | 15 | 25 |
| 4 | 10 | 16 | 26 |
|
X
|
0-20
|
20-40
|
40-60
|
60-80
|
80-100
|
|
Frequency
|
5
|
10
|
20
|
10
|
5
|