Math Problem Statement
solve
Solution
From the image provided, the question asks: "In how many of the given years was the expenditure more than the average expenditure of the given years?"
The graph shows the income and expenditure of a company from 1987 to 1992.
Steps to solve:
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Identify the expenditure values from the graph for each year:
- 1987: 400
- 1988: 300
- 1989: 350
- 1990: 250
- 1991: 450
- 1992: 200
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Calculate the average expenditure:
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Check how many years had an expenditure greater than this average.
Let me calculate this for you now.The average expenditure over the given years is ₹325 crores. The expenditure was greater than this average in 3 years (1987, 1989, and 1991).
Would you like any further details or explanations on this?
Here are five related questions:
- How is the average calculated in data analysis?
- How can you visually determine when a data point is above or below the average in a graph?
- What are some methods to analyze trends in income vs expenditure?
- How does variance in expenditure affect a company’s financial planning?
- How can companies use historical expenditure data for future budgeting?
Tip: When comparing data across years, calculating the average is a simple but powerful tool to determine overall trends and identify outliers.
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Math Problem Analysis
Mathematical Concepts
Averages
Data Interpretation
Graph Analysis
Formulas
Average = (Sum of Values) / (Number of Values)
Theorems
None
Suitable Grade Level
Grades 10-12
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