Question:
If the mean of the following distribution is 54, find the value of p:
Solution:
Consider the table given below:
It given that the mean of the distribution is 54.
$\therefore$ Mean $=\frac{\sum f_{i} x_{i}}{\sum f_{i}}$
$\Rightarrow \frac{2370+30 p}{39+p}=54$
$\Rightarrow 2370+30 p=2106+54 p$
$\Rightarrow 54 p-30 p=2370-2106$
$\Rightarrow 24 p=264$
$\Rightarrow p=\frac{264}{24}=11$
Hence, the value of p is 11.