Statistics And Probability Question 311

Question: A market with 3900 operating firms has the following distribution for firms arranged according to various income groups of workers
Income group No. of firms
150-300 300
300-500 500
500-800 900
800-1200 1000
1200-1800 1200

If a histogram for the above distribution is constructed the highest bar in the histogram would correspond to the class [NDA Sept. 1998]

Options:

A) 500-800

B) 1200-1800

C) 800-1200

D) 150-300

Show Answer

Answer:

Correct Answer: B

Solution:

Maximum number of firms is 1200 in the group of 1200-1800. Therefore, highest bar would correspond to 1200-1800 class.