Question:
Find the mean of daily wages of 40 workers in a factory as per data given below:
Solution:
We know that,
Mean $=\frac{\sum x_{i} f_{i}}{\sum f_{i}}$
For the following data:
Mean $=\frac{(250 \times 8)+(300 \times 11)+(350 \times 6)+(400 \times 10)+(450 \times 5)}{8+11+6+10+5}$
$=\frac{2000+3300+2100+4000+2250}{40}$
$=\frac{13650}{40}$
$=341.25$
Hence, the mean of daily wages of 40 workers in a factory is 341.25 .