Page 154 - DMGT404 RESEARCH_METHODOLOGY
P. 154

Research Methodology




                    Notes          Graphical Location of Median

                                   So far we have calculated median by the use of a formula. Alternatively, it can be determined
                                   graphically, as illustrated in the following example.


                                        Example: The following table  shows the  daily sales of  230 footpath  sellers of  Chandni
                                   Chowk:

                                     Sales (in Rs.)   0 - 500   500 -   1000 -   1500 -   2000 -   2500 -   3000 -   3500 -
                                                          1000   1500    2000    2500   3000    3500    4000
                                     No. of Sellers   12   18    35      42      50     45      20      8

                                   Locate the median of the above data using

                                   1.  Only the less than type ogive, and
                                   2.  Both, the less than and the greater than type ogives.
                                   Solution:
                                   To draw ogives, we need to have a cumulative frequency distribution.


                                           Class Intervals        Frequency       Less than c.f.   More than c.f.
                                      0 - 500                        12               12            230
                                      500 - 1000                     18               30            218
                                      1000 - 1500                    35               65            200
                                      1500 - 2000                    42              107            165
                                      2000 - 2500                    50              157            123
                                      2500 - 3000                    45              202             73
                                      3000 - 3500                    20              222             28
                                      3500 - 4000                    8               230             8

                                   1.  Using the less than type ogive


                                                                     Figure  8.2


                                                     256

                                                    Cumulative Frequency  128
                                                     192





                                                      64

                                                       0                     Median = 2080
                                                           500  1000 1500 2000 2500 3000 3500 4000
                                                                       Values








          148                               LOVELY PROFESSIONAL UNIVERSITY
   149   150   151   152   153   154   155   156   157   158   159