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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

The monthly incomes of 8 families in rupees in a certain locality are given below. Calculate the mean, the geometric mean and the harmonic mean and confirm that the relations among them holds true.

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Question

The monthly incomes of 8 families in rupees in a certain locality are given below. Calculate the mean, the geometric mean and the harmonic mean and confirm that the relations among them holds true. Verify their relationships among averages.

Family: A B C D E F G H
Income (Rs.): 70 10 50 75 8 25 8 42
Sum
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Solution

Family Income (₹)
(x)
log x `1/"x"`
A 70 1.8451 0.0143
B 10 1.000 0.1
C 50 1.6990 0.02
D 75 1.875 0.0133
E 8 0.9031 0.125
F 25 1.3979 0.04
G 8 0.9031 0.125
H 42 1.6232 0.0239
  288 11.2465 0.4615

(i) Arithimetric Mean (AM) = `(sum "x")/"n" = 288/8` = 36

(ii) Geometric Mean (GM) = Antilog `((sum "log x")/"n")`

= Antilog `((11.2465)/8)`

= Antilog (1.4058)

= 25.46

(iii) Harmonic Mean (HM) = `"n"/(sum (1/"x"))`

= `8/0.4615`

= 17.33

Thus, 36 > 25.46 > 17.33

∴ AM > GM > HM

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Chapter 8: Descriptive Statistics and Probability - Exercise 8.1 [Page 195]

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Samacheer Kalvi Business Mathematics and Statistics [English] Class 11 TN Board
Chapter 8 Descriptive Statistics and Probability
Exercise 8.1 | Q 8 | Page 195
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