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Class Mid points
This is very significant values which mark the center of a provided class. They are acquired by adding together the two limits of a provided class and dividing the result by 2.
Class interval or width
It is the difference between a lower class boundary and upper class boundary. The value normally measures the length of a provided class.
Age (yrs)
No. of Students (f)
mid points (x)
x-a = d
D/c = u
fu
15 - 19
21
17
-15
-3
-63
20 - 24
35
22
-10
-2
-70
25 - 29
38
27
-5
-1
-38
30 - 34
49
32(A)
0
35 - 39
31
37
+5
+
40 - 44
19
42
+10
+2
193
-102
Total Contribution per Year for next 10yeras =$1000+$800 =$1800 So Total Future fund Vaule =$1800*(1+1.073+power(1.073,2)+ power(1.073,2)+ power(1.073,3)+ power(1.073,4)+ power
(x+15)/y=10 where y=5
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