Question
Find the standard deviation by assumed mean method.
| X | 10 | 20 | 30 | 40 | 50 | 60 |
| Frequency | 4 | 6 | 9 | 8 | 5 | 10 |
| X | 10 | 20 | 30 | 40 | 50 | 60 |
| Frequency | 4 | 6 | 9 | 8 | 5 | 10 |
| X | Frequency (f) | d(X - A), A = 30 | fd | $fd^2$ |
| 10 | 4 | -20 | -80 | 1600 |
| 20 | 6 | -10 | -60 | 600 |
| 30 | 9 | 0 | -0 | 0 |
| 40 | 8 | 10 | 80 | 800 |
| 50 | 5 | 20 | 100 | 2000 |
| 60 | 10 | 30 | 300 | 9000 |
| $\Sigma\text{f}=42$ | $\Sigma\text{fd}=340$ | $\Sigma\text{fd}^2=14000$ |
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| Commodity | 2008 | 2016 | ||
| Price | Quantity | Price | Quantity | |
| A | 10 | 30 | 12 | 35 |
| B | 9 | 10 | 11 | 15 |
| C | 8 | 20 | 7 | 25 |
| D | 6 | 20 | 7 | 25 |
|
Income (₹ Lac)
|
$23$
|
$27$
|
$28$
|
$29$
|
$30$
|
$31$
|
$33$
|
$35$
|
$36$
|
$39$
|
|
Expenditure
|
$18$
|
$22$
|
$23$
|
$24$
|
$25$
|
$26$
|
$28$
|
$29$
|
$30$
|
$32$
|
Demand schedule for commodity- X of individual A and B is given in the following table. Derive the market demand schedule and market demand curve.
| Price of Commodity-X (₹) | Demand of A (Units) | Demand of B (Units) |
| 1 | 9 | 7 |
| 2 | 7 | 6 |
| 3 | 6 | 5 |
| 4 | 4 | 4 |
| 5 | 3 | 3 |
|
Weges (In ₹)
|
100-110
|
100-120
|
120-130
|
130-140
|
140-150
|
|
Number of Workers
|
4
|
12
|
20
|
7
|
5
|