1.

An analysis of monthly wages paid to the workers in two Firms. A and B belonging to the same industry gave thefollowing results : {:("Particulars","Firm A","Firm B",),("Number of wage-earners",586,648,),("Average monthly wages","Rs.52.5","Rs.47.5",),("Variance of distribution of wages",100,121,):} (i) Which firm, A or B, pay out layer amount as monthly wages ? (ii) In which firm A or B, is there greater variability in individual wages

Answer»


Answer :(i) firm B pays a larger AMOUNT as monthly wages.
(ii) there is GREATER variability in INDIVIDUAL wages in Firm B


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