Estimate the median from the following data. Clearly state the assumption made. \begin{tabular}{...
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Estimate the median from the following data. Clearly state the assumption made.
\begin{tabular}{|l|c|c|c|c|c|}
\hline Monthly income (in βΉ \( ) \) & Upto 5000 & \( 5000-10000 \) & \( 10000-20000 \) & \( 20000-50000 \) & More than 50000 \\
\hline No. of families (in thousands) & 20 & 18 & 20 & 14 & 8 \\
\hline
\end{tabular}
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