8. Exercise Problem III

The following data gives the distribution of total monthly household expenditure of \(200\) families of a village. Find the modal monthly expenditure of the families. Also, find the mean monthly expenditure :

 

Expenditure (in ₹)	Number of families
\(1000-1500\)	\(24\)
\(1500-2000\)	\(40\)
\(2000-2500\)	\(33\)
\(2500-3000\)	\(28\)
\(3000-3500\)	\(30\)
\(3500-4000\)	\(22\)
\(4000-4500\)	\(16\)
\(4500-5000\)	\(7\)