Economics Important Questions Solutions
Economics Important Questions Solutions
1. Ogive (Graphical)
Question: The following table shows the cumulative frequency distribution of marks obtained by
students in an exam. Draw both 'Less Than' and 'More Than' Ogives on the same graph and find the
median graphically.
Data: Marks (Less Than): 10, 20, 30, 40, 50, 60, 70, 80, 90, 100
Cumulative Frequency: 5, 12, 20, 32, 45, 57, 68, 75, 80, 85
Solution: 1. Plot the 'Less Than' cumulative frequency curve by marking cumulative frequencies
against the upper class boundaries.
2. Plot the 'More Than' Ogive by marking cumulative frequencies in reverse.
3. The intersection of both curves gives the median.
3. Pie Diagram
Question: The monthly expenditure of a family is as follows: Food - Rs.4000, Rent - Rs.2000,
Education - Rs.3000, Clothing - Rs.1000, Others - Rs.2000. Represent this data using a pie
diagram.
Solution: 1. Total expenditure = Rs.12,000.
2. Calculate angles: (Category Amount ÷ Total) × 360°.
3. Draw the pie diagram with these angles.