Question
Draw the ‘less-than’ and ‘more-than’ ogive from the data given below
Weekly Wages (in Rs.)Number of Workers
0-2010
20-4020
40-6040
60-8020
80-10010

Answer

For less-than and more-than ogives, we will have to prepare less-than and more-than frequency distributions.
In less than method, the frequencies of all the preceding class intervals are added to the frequency of a class.
In more than method, the frequencies of all the succeeding class intervals are added to the frequency of a class.
The computation for both less than and more than ogive is given in the following table.
Less-than DistributionMore-than Distribution
Weekly Wages (in Rs.)Number of WorkersWeekly Wages (in Rs.)Number of Workers
Less than 2010More than 0100
Less than 4030More than 2090
Less than 6070More than 4070
Less than 8090More than 6030
Less than 100100More than 8010
The less-than’ and ‘more-than ogives of the given data are shown below
Image

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

What would be an effect on equilibrium price and quantity when demand and supply both increase at the same rate?
OR
Explain with the help of a diagram a situation when demand and supply curves shift to the right but equilibrium price remains the same.
OR
Market for a good is in equilibrium. What is the effect on equilibrium price and quantity if both the market demand and the market supply of the goods increase in the same proportion? Use diagram.
Consider the demand curve $D(p) = 10 – 3p$. What is the elasticity at price $\frac{5}{3}?$
Complete the following table:
Output (units)
Price (₹)
Total Revenue (₹)
Marginal Revenue (₹)
4
9
36
__
5
__
__
4
6
__
42
__
7
6
__
__
8
__
40
__
A consumer consumes only two goods $A$ and $B$ and is in equilibrium. Show that when price of good $B$ falls, demand for $B$ rises. Answer this question with the help of utility analysis.
At the market price of $₹\10$, a firm supplies $4$ units of output. The market price increases to $₹\ 30$. The price elasticity of the firm's supply is $1.25$. What quantity will the firm supply at the new price?
Price elasticity of supply of a good is 2. A producer supplies 100 units of a good at a price of Rs. 20 per unit. At what price will he supply 80 units.
Differentiate between decrease in supply and contraction in supply (decrease in quantity supplied).
Complete the following table:
Output (units) Price (₹) Total Revenue Marginal Revenue (₹)
1
7
-
-
2
6
-
-
3
4
-
-
4
2
-
-
Show the annual profit figures of a firm with the help of a time series graph.
YearProfit (in Rs. '000)
200660
200772
200875
200965
201080
201195
A $5\%$ fall in price of a good leads to $10\%$ rise in its demand. A consumer buys $40$ units of a good at a price of ₹ $10$ per unit. How many units will he buy at a price of ₹ $12$ per unit?