Income 30-40 40-50 50-60 60-70 70-80 80-90 90-199 Compute median forthe data given in Problems 1-3. (Rs) Compute mode for the data given in Problem | Number 6 BoB 9 4 8. Compute first and third quartiles for the data given of persons Problem { and Problem 2 9. Compute deciles for the data given in Problem 1 4. Compute geometric mean forthe data given in Problems [3 Fetien 1 10, Compute percentiles forthe data given in Problem 1 Compute harmonic mean for the data FORMULAS | Arithmetic mean for individual series Arithmetic mean for discrete frequency distri Where, Xy ose, are the items ofa data serieS and f,. 1 {are their corresponding frequencies Arithmetic mean for cor wows frequency distribution AM= Sto fet 5 feet y where x, are the mid-values of the class interval Weighted mean alue of the item and w the weights attached to corresponding items for individual series G=anilog | 1S log x for avcrete and continuous frequency distribution \ 13 (roe) N Where 8.45. se are the items of a data series and fof nf, are their corresponding Frequencies. N= 6 4 4 ant =H Pathe figure atthe beyinning of the period, rthe average rate of change, and n the length of G Average rate of growth where P, is the figure at the end of Harmonic mean for individual series 14 statswhere 5 f ete psy on ae he tems oF a daa series nd fy fo fy father corrsponding frequencies. N= f+ /++ Weighted harmonic mean bw iwi were isthe valu ofthe em, andthe weights atuced a coresponding items faionship between AM, GM, and HM AM 2 GM 2 HM When al he observations are same, the enuty sign hols tha i, AMT.GM = HM (When ll he observation ar equal) (Gay =(AM)x(HIM) GM = (aN x¢iM) Median for individual frequency distribution n+l th term, when m (number of observations) is odd Average of “tn term and (+1 }thvem when number of dbsersations is ven Median for continuous frequency distribution ‘where /is the lower limit of the median class the sum of the frequencies, ¢ the cumulative frequency of the class preceding the median class, andi the width of the median class Mode for cont 2h Where M, isthe mode, the lower limit ofthe modal class f; the frequency of the modal class, f, the f ‘modal clas, f the frequency of the class succeeding the modal class, and / the width ofthe modal clas, First and third quartiles for individual series 2 equency of the class preceding the 21 ordered observation 4 itstquanile or lower quartile Q,= Third quartile or upper quartile = 3+! 4 les for diserete frequency distribution ize of ( Ss ‘y item ordered observation First and third qua 2, item, Here N= Sy = Size of { st) Fst and third quaries for continuous frequency distribution Qe, Nia) 3/4)N Fooxt and y= r+ SNE, Me rig ene Lovet limit of he quartile cas, he feguency’ofthe gare cas, feces interval ofthe quar lass, the ttl of he © below the quartile class, and N the total Frequency (V = 5) Meralzed formals for desl ‘ ead la for deciles for a discrete frequency distribution 15«formula for deciles for a continuous frequency distribution wi0)~< oar AL / 7 i00)=e, f / where k= 1,2 99, and N= Xf CASE STUDY | _ Case 3: Chemical, Industrial, and Pharmaceutical Labora- tories (Cipla): Leading Player in the Indian Pharmaceut- ical Industry Introduction Khwaja Abdu Pharmaceutical Laboratories, which came to be popularly known as 438 a public limited com Hamied incorporated the Chemical, Industrial, and any with an au Cipla. Cipla was repistel ‘Express Pharma Pulse Award” for “sustained growth” for 2005-2006, Cipla is one of & handful of companies in India that has consistently increased its turnover and profitability inthe past 15 years ina row Cipla overtook Ranbaxy and GlaxoSmithKline (GSK) to be- come the largest pharmaceutie company in the domestic matket for the first time in 2007 TABLE 3.01 thorized capital of Rs.60,000 million in 1935.’ Operations offically Year started in September 1937 when its first product was launched in the 1989 market, The Sunday Sundand reported, “The birth of Cipla which mi was launel into the world by Dr K. A. Hamied will be a red let- s tered day in the annals of industries in Bomb, The fst ity in India 1991 can now boast of a concern, which will supersede all existing firms ot Cette: in the magnitude of its operations 1993 1.9903 Product Ranges offered 9s 2.4547 Cipla’s products and services are categorized as prescription, animal 9952987 heath care products, over-the-counter (OTC) produts, bulk drugs cs 7 and technology services. The prescription division covers medicines wes scr for a varity of human diseases. The OTC products manufactured by 1974258 Cipla includea range of drugs such as analgesics artfiil sweeteners, bor STE cosmeties and skin eare products, dental care and oral hygiene prod. : ucts, food supplements, toiletries, infant foods, medicated Plasters, Lisad 6.2554 ete, The animal health eae produc ate further eateyoized as per ani. 200077214 mal groups herbal specialties, and therapeutic groups. The drugs pro lad duced under this category are equine products, poultry products, prod: 00 ea vets for companion animals, and products for livestock. Bulk drugs 2002 14.008.1 ts she pumas meets al gered hes) « — S730 Technology services provides by Cipla include consulting, prject ap. 7 nel praisal, engineering, plant supply and commissioning. training. opera- ae $54.3 tion management, support, know-how transfer and quality contro: 2005 24.0089 2006 31.0362 Moving Forward " : The domestic pharmaceutical indus in Ina grew at mare than dae: Prove (261 Cen Msn In Econ Pe La ace ble the rate, recording a 11% growth in value as per ORG-IMS, cor ——— pared to 4.2%» during 2008-2005, For he fist time. th nm cover erossed the Rs 30 billion (see Table 3.01). Once again this was way ‘more than the overall growth rate ofthe industry, Cipla now exports 10 courries in Europe. Australia. fica, Asia the Middle Eas. and North, ‘Central, and South America. The company’s steady progress won it the 6 ess Stat company’s tur 1. Calculate the average sales of Cipla Ltd for 1989-2006. 2. Calculate the median sales of Cipla Ltd for 1989-2006 3. Isthere any modal value present inthe data relating to sae