Question
Distinguish between Absolute and relative frequencies.

Answer

As frequencies shown in different B types of series discussed so far were absolute frequencies. These were shown in absolute numbers. Sometimes, it is important to know the relative importance of each class. Therefore, frequencies are shown in percentage of total observations. An example is given below:
Marks
Absolute Frequency
Relative Frequency (%)
0-10
4
20
10-20
7
35
20-30
4
20
30-40
3
15
40-50
2
10
Total
20
100

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Similar questions

From the following total cost and total revenue schedule of a firm, find out the level of output, using marginal cost and marginal revenue approach, at which the firm would be in equilibrium. Give reasons for your answer.
Output (Units)Total Revenue (₹)Total Cost (₹)
1108
21815
32421
42825
53033
Find the mean deviation and coefficient of mean deviation from the following data.
X 10 12 18 23 34 45 62 75
What is a measure of central tendency? Name atleast four merits of mean.
Explain the law of demand with the help of a demand schedule.
When price of a good falls from $₹10$ per unit to $₹9$ per unit, its demand rises from $9$ units to $10$ units. Compare expenditures on the good to find price elasticity of demand.
Giving reason, comment on the shape of production possibilities curve based on the following schedule:
Good-X (Units)01234
Good-Y (Units)86420
The ranking of ten students in two subjects Economics and Statistics is as below:
Economics $3$ $5$ $8$ $4$ $7$ $10$ $2$ $1$ $6$ $9$
Statistics $6$ $4$ $9$ $8$ $1$ $2$ $3$ $10$ $5$ $7$
What is the coefficient of rank correlation?
The following news was printed in the Economic Times: Petrol and diesel prices were cut by ₹ 2 per litre each as international oil prices slumped to a five-year low.
Use a diagram and economic theory to analyse the impact on the demand for cars in India.
Suppose, price of commodity-Y $\left( P _{ Y }\right)$ is ₹10 per unit. Also, assume that marginal utility of money $\left( MU _{ M }\right)$ is 8 (and constant). Using the following marginal utility schedule of the consumer, find out equilibrium level of consumption and total expenditure on commodity-Y.
Units Consumed123456
Marginal Utility17013011080300
Explain the conditions of producer's equilibrium.