The following table shows the Income (in ₹ lakh) and percentage (%) profit of a company over the six…
Arranging the incomes in order gives 120, 130, 150, 160, 170 and 190 lakh. With six values the median is the mean of the third and fourth. \[\frac{150+160}{2}=155\] So the…
Choose your answer
The following table shows the Income (in ₹ lakh) and percentage (%) profit of a company over the six years from 2017 to 2022. Based on the data in the table, answer the question.
| Year | Income (in ₹ lakh) | Profit (%) |
|---|---|---|
| 2017 | 120 | 7.5 |
| 2018 | 160 | 15 |
| 2019 | 130 | 22.5 |
| 2020 | 170 | 17.5 |
| 2021 | 190 | 20 |
| 2022 | 150 | 27.5 |
Question: The median income of the company in the six years from 2017 to 2022 was
Answer and explanation
Correct answer A
Arranging the incomes in order gives 120, 130, 150, 160, 170 and 190 lakh. With six values the median is the mean of the third and fourth. So the median income is 155 lakh rupees.
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