Q3 of 25 Page 346

A life insurance agent found the following data about distribution of ages of 100 policy holders. Calculate the median age. [Policies are given only to persons having age 18 years onwards but less than 60 years.]


For median:


We have, total frequency, N = 534


N/2 = 534/2 = 267


Observe, cf = 336 is just greater than 267.


Thus, median class = 45-50


Median is given by



Where,


L = Lower class limit of median class = 45


N/2 = 267


cf = cumulative frequency of the class preceding median class = 244


f = frequency of the median class = 92


h = class interval of the median class = 5


Substituting these values in the formula of median, we get




Median = 45 + 115/92


Median = 45 + 1.25


Median = 46.25


Thus, the median is 46.25.


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