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Two plants A and B of a factory show the following results about the number of workers and the wages paid to themPlant APlant ANo. workers50006000Average monthly wagesRs. 2500Rs. 2500The variance distribution of wages81100In which plant A or B is there greater variability in individual wages? |
Answer» Variation of the distribution of wages in plant A(σ2 =18) So, Standard deviation of the distribution A(σ - 9) Similarly, the Variation of the distribution of wages in plant B(σ2 =100) So, Standard deviation of the distribution B(σ - 10) And, Average monthly wages in both the plants is 2500, Since The plant with a greater value of SD will have more variability in salary. Hence, Plant B has more variability in individual wages than plant A |
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