00:01
In this problem, we're looking at the population greater than 25 years old with four or more years of college experience.
00:07
And the first class we're given is 15 .2 % to 19 .6 % with a frequency of three.
00:17
And then our classes go all the way up to the last class being 42 .2 % to 56 .6%.
00:26
And then here are the frequencies for each of those classes.
00:30
The very first thing we want to do when we're trying to find the mean and modal class of a grouped distribution is add up all of our frequencies.
00:43
So we'll add 3 plus 15 plus 19 plus 6 plus 7 plus 1 for a total of 51.
00:51
Then we want to calculate the midpoint for each of our classes.
00:55
So to do the midpoint, we'll take the average of the lower bound and the upper bound for the class.
01:02
So we'll do 15 .2 plus 19 .6 divided by 2.
01:10
And here we'll see that our midpoint is 17 .4.
01:22
Then for the second class, following the same guidelines here, 19 .7 plus 24 .1.
01:31
Divided by 2, we will get 21 .9.
01:37
So then we'll continue that same process, and the third midpoint for the third class will be 26 .4.
01:47
For the next class, 30 .9, then 35 .4, then 39 .9.
01:58
And lastly, we will get a midpoint of 44 .4.
02:06
Then what we want to do is take our frequency column and multiply it by the midpoint.
02:13
So for this first class, that would look like 3 times 17 .4...