When data are summarized in a frequency distribution, the median can be found by first identifying the

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When data are summarized in a frequency distribution, the median can be found by first identifying the median class, which is the class that contains the median. We then assume that the values in that class are evenly distributed and we interpolate. Letting n denote the sum of all class frequencies, and letting m denote the sum of the class frequencies that precede the median class, the median can be estimated as shown here:

When data are summarized in a frequency distribution, the median

Use this procedure to find the median of the frequency distribution given in Exercise 29. How does the result compare to the median found from the original list of data, which is 33.0 years? Which value of the median is better: the value computed using the frequency table or the value of 33.0 years?

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Elementary Statistics

ISBN: 9780321836960

12th Edition

Authors: Mario F. Triola

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