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x́=
∑ w i xi were as follows:
Subjects Grade Units
∑ wi Math 1.75 3
where: Physics 2.50 5
x i=ith data point English 2.25 3
w i=weight of the ith data point Speech 1.50 2
Statistics 3.0 4
∑ wi xi = sum of the products of the data points and their
corresponding weights 4. An economist studying trends in gasoline prices within a
city takes sample of 30 of the city’s gas stations,
B. Median. The median of a set of observations arranged determining for each station the price per litre (in dollars)
in an increasing or decreasing order of magnitude is the of unleaded regular gasoline. The results are given below.
middle value when the number of observations is odd or the Find the mean and median.
arithmetic mean of the two values when the number of Price Frequency
observation is even. The formula is given by $1.05 1
x n+1 if n is odd 1.07 3
~
{
x= x n + x n
2
2
2
2
+1
if nis even
1.08
1.10
1.11
1.12
1
12
8
5
If x 1 , x 2 … x k are the class marks of a set of grouped For a grouped data set on the other hand, the mode can
data with the corresponding class frequencies be calculated using the formula given by
f 1 , f 2 … f k , then the mean of the sample is ∆1
x́=
∑ f i xi
^x =LCB mo +
where:
[ ∆1 + ∆2 ]
i
where:
~
x=LCB md +
2
−CF
f md [ ]
i
Example 3: The frequency distribution below summarizes
the number of books that students borrow from the library
(per month).
Number Frequency
LCB md= lower boundary of the median class of books
n = total frequency 1−3 3
CF = <CF immediately preceding the median class 4−6 13
f md= frequency of the median class 7−9 22
i = class size 10−12 15
As the common denominator of most of the variables 13−15 7
in the formula, the median class should first be known
before one can compute for the median. The median class Calculate the following:
is the class interval whose <CF is the first to be greater than a) mean
n /2 (starting from the lowest interval). b) median
c) mode
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