An Association doing charity work decided to give old age pensions to people over sixty years of age. The scale of pensions were fixed as follows: Age group 60 to 65 Age group 65 to 70 Age group 70 to 75 Age group 75 to 80 Age group 80 to 85 The age of 25 persons who secured the pension right are given Rs 25 per month Rs 30 per month Rs 35 per month Rs 40 per month Rs 45 per month ... ... ... ... ... below: 74 62 84 72 61 83 72 81 65 71 63 61 60 67 74 66 64 79 73 75 76 69 68 78 61 Calculate the monthly average pension payable and the standard deviation

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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An Association doing charity work decided to
give old age pensions to people over sixty years of age.
The scale of pensions were fixed as follows:
Age group 60 to 65
Age group 65 to 70
Age group 70 to 75
Age group 75 to 80
Age group &80 to 85
The age of 25 persons who secured the pension right are given
Rs 25 per month
Rs 30 per month
Rs 35 per month
Rs 40 per month
Rs 45 per month
...
..
...
...
..
below:
74 62
84
72
61
83 72 81
65 71
63 61
60
67 74 66 64 79
73 75 76 69 68 78 61
Calculate the monthly average pension payable and the standard
deviation.
Transcribed Image Text:An Association doing charity work decided to give old age pensions to people over sixty years of age. The scale of pensions were fixed as follows: Age group 60 to 65 Age group 65 to 70 Age group 70 to 75 Age group 75 to 80 Age group &80 to 85 The age of 25 persons who secured the pension right are given Rs 25 per month Rs 30 per month Rs 35 per month Rs 40 per month Rs 45 per month ... .. ... ... .. below: 74 62 84 72 61 83 72 81 65 71 63 61 60 67 74 66 64 79 73 75 76 69 68 78 61 Calculate the monthly average pension payable and the standard deviation.
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