Amount five people with monthly income (in Rs ) 15000 26000…

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Amount five people with monthly income (in Rs.) 15000, 26000, 16000, 19000, 50000, how many will have income less than the mean income of five people?

  1. A. 1
  2. B. 2
  3. C. 3
  4. D. 4

Answer: Option C

Here is complete explanation of Amount five people with monthly income (in Rs ) 15000 26000….

Solution(By ExamCraze Team)

Mean income
$$ = {text{Rs}}{text{.}}left( {frac{{15000 + 26000 + 16000 + 19000 + 50000}}{5}} right)$$
$$eqalign{ & = {text{Rs}}{text{.}}left( {frac{{126000}}{5}} right) cr & = {text{Rs}}{text{. 25200}} cr} $$
Clearly, three people have monthly income below the mean income.

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