A life insurance agent found the following data

Asked by admin @ 25/08/2021 in Math viewed by 325 People

How to solve this..

a life insurance agent found the following data for distribution of ages of 100policy holders.Calculate the median age, if policies are given only to persons having age 18years onwards but less than 60year.

Answered by admin @ 25/08/2021

Hello Charlie

here is your answer

First of all, we will convert Age( In years) into class intervals.

Then,
Number of policy holders are in commutative frequency, we have to calculate Frequency too.

Median = 35.75

refer to attachment for solution.

hope it helps
jerri

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