ATul gets a pocket money allowance of. $ 12 per day. Thinking that this was rather less, he asked his friends about their allowances and obtäined ihe following data which includes his allowance also - (amounts in s ). 12, 18, 10, 5, 25, 20, 22, 15, 10, 10. 15, 13, 20, 18, 10, 15, 10, 18, 15, 12, 15, 10, 15, 10, 12, 18, 20, 5, 8, 20. He presented these data to his father and asked for an increase in his allowance as he was getting less than average amount. His father, a statistician, countered pointing out that Atul's allowance was actually more than the average amount. Reconcile these statements.
ATul gets a pocket money allowance of. $ 12 per day. Thinking that this was rather less, he asked his friends about their allowances and obtäined ihe following data which includes his allowance also - (amounts in s ). 12, 18, 10, 5, 25, 20, 22, 15, 10, 10. 15, 13, 20, 18, 10, 15, 10, 18, 15, 12, 15, 10, 15, 10, 12, 18, 20, 5, 8, 20. He presented these data to his father and asked for an increase in his allowance as he was getting less than average amount. His father, a statistician, countered pointing out that Atul's allowance was actually more than the average amount. Reconcile these statements.
Chapter2: Mathematics For Microeconomics
Section: Chapter Questions
Problem 2.16P
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Transcribed Image Text:ATul gets a pocket money allowance of. $ 12 per day. Thinking that this was rather
less, he asked his friends about their allowances and obtäined ihe following data which includes his
allowance als0 - (amounts ins ).
12,
18,
10,
5,
25,
20,
22,
15,
10,
10.
15,
13,
20,
18,
10,
15,
10,
18,
15,
12,
15,
10,
15,
10,
12,
18,
20,
5,
8,
20.
He presented these data to his father and asked for an increase in his allowance as he was getting less
than average amount. His father, a statistician, countered pointing out that Atul's allowance was actually
more than the average amount.
Reconcile these statements.
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