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Question 13 Marks
Average daily wages of 50 workers of a factory was Rs.200. Each worker is given a raise of Rs.20. What is the new average daily wages? Which property of arithmetic mean does the above example point to?
Answer
Increase in wages of each worker $=$ Rs. 20
Total increase in wages $=50 \times 20=$ Rs. 1000
Total wages before increase in wages $=50 \times 200=$ Rs. 10,000
Total wages after increase in wages $=10,000+1000=$ Rs. 11,000
New average wage $=\frac{\Sigma X}{n}=\frac{11,000}{50}=R s .220$
Thus, the mean wage has increased by Rs. 20 .
The property of arithmetic mean which is reflected here is that if each observation of a series is increased or decreased by a constant, say k, then the arithmetic mean of the new series also gets increased or decreased by k. In this case, each item is increased by 20 , so the mean also increases by 20 .
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Question 23 Marks
What is first quartile? Show it graphically.
Answer
First quartile is a positional average which distributes data in such a way that 25% items of the series lie below first quartile and 75% items lie-above it.
Image
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Question 33 Marks
Using the simple aggregative method, calculate the index number for the given data.
ABCD
$P_1$15222027
$P _0$10201825
Answer

Construction of Index Number
Here, we aggregate the current and the base year prices respectively and take the ratio of the two.

CommodityP0 (Base Year)P1 (Current Year)
A1015
B2022
C1820
D2527
$\Sigma p_0=73$$\Sigma p_1=84$

$P_{01}=\frac{\Sigma p_1}{\Sigma p_0} \times 100 \Rightarrow P_{01}=\frac{84}{73} \times 100=115.07$

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