Class Mark
The class mark is the mid-point of a specific class interval in a grouped frequency distribution. In statistics, it serves as the representative value for all the observations falling within that particular class interval, especially when calculating the mean.
Key Concepts
It is calculated by taking the average of the upper and lower limits of a class interval.
The class mark is crucial for computing the mean of grouped data using the direct method, assumed mean method, or step-deviation method.
In graphical representations, the class mark is plotted on the x-axis to construct frequency polygons.
Real World Applications
When calculating the average marks of a class where scores are grouped as 40-50 and 50-60, the class marks (45 and 55) represent the average score of students in those respective groups.
If a factory groups worker salaries into brackets like ₹1000-₹2000, the class mark (₹1500) is used to estimate the total wage bill for that specific income group.