Less than type and more than type Ogives meet at a point known as:

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Option b: Median. Solution: The 'less than' and 'more than' ogives are graphical representations of cumulative frequencies from opposite directions. - The Less than Ogive starts at cumulative frequency 0 (at the lower boundary of the first class) and rises to the total frequency N (at the upper boundary of the last class). - The More than Ogive starts at the total frequency N (at the lower boundary of the first class) and falls to 0 (at the upper boundary of the last class). Since both curves are continuous and go from one boundary to another, they must intersect. At the point of intersection, the cumulative frequency value on the vertical y-axis is exactly equal to half of the total frequency, i.e., N/2. By definition, the value on the horizontal x-axis corresponding to a cumulative frequency of N/2 is the Median of the distribution. Thus, the perpendicular dropped from the meeting point of the two curves to the horizontal axis gives the Median. Hence, Option B is the correct answer.

Less than type and more than type Ogives meet at a point known as:

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