Math Problem Statement

Draw a less than ogive from the following data: Weekly income (7) (equal to or more than) 12,000 11,000 10,000 8,000 6,000 4,000 3,000 2,000 1,000 No. of families 0 6 14 26 42 54 62 70 80 From the graph estimate the number of families in the income range of 2500 rupees and 10500 rupees Also find maximum income of the lowest 25% of the families

Solution

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Math Problem Analysis

Mathematical Concepts

Statistics
Cumulative Frequency
Ogive Graph

Formulas

Cumulative Frequency = Sum of all frequencies up to a given point
Percentile calculation for income levels

Theorems

Cumulative frequency theorem for estimating income distribution

Suitable Grade Level

Grades 9-12