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An analysis of monthly wages paid to workers in two firms A and B belonging to the same industry gives the following results :
Firm AFirm B
No.of wage earners586648
Mean of monthly wagesRs 5253Rs 5253
Variance of the distribution of wages100121
(i) Which firm A or B pays larger amount as monthly wages ?
(ii) Which firm A or B shows greater variability in individual wages ?

Solution
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Similar Questions
Q1
An analysis of monthly wages paid to workers in two firms A and B, belonging to the same industry, gives the following results:
Firm A Firm B
No.of wage earners 586 648
Mean of monthly wages Rs.5253 Rs.5253
Variance of the distribution of wages 100 121

(i.) Which firm A or B pays larger amount as monthly wages?

(ii.) Which firm, A or B, shows greater variability in individual wages?

View Solution
Q2
An analysis of monthly wages paid to workers in two firms A and B, belonging to the same industry, gives the following results: Firm A Firm B No. of wage earners 586 648 Mean of monthly wages Rs 5253 Rs 5253 Variance of the distribution of wages 100 121 (i) Which firm A or B pays larger amount as monthly wages? (ii) Which firm, A or B, shows greater variability in individual wages?
View Solution
Q3

An analysis of monthly wages paid to workers in two firms A and B, belonging to the same industry, gives the following results.

Firm A Firm B

No. of wage earners 586 648

Mean of monthly wages Rs 5253 Rs 5253

Variance of the distribution of wages. 100 121

(i) which firm A or B pays larger amount as monthly wages ?

(ii) which firm A or B, shows greater variability in individual wages ?

View Solution
Q4

An analysis of monthly wages paid to workers in two firms A and B, belonging to the same industry, gives the following results:

Firm A

Firm B

No. of wage earners

586

648

Mean of monthly wages

Rs 5253

Rs 5253

Variance of the distribution of wages

100

121

(i) Which firm A or B pays larger amount as monthly wages?

(ii) Which firm, A or B, shows greater variability in individual wages?

View Solution
Q5

An analysis of monthly wages paid to workers in two firms A and B, belonging to the same industry, gives the following results:

Firm AFirm BNo. of wage earners586648Mean of monthly wagesRs.5253Rs.5253Variance of the distribution of wages100121

(i)Which firm spends larger amount as monthly wages?

(ii)Which firm shows greater variability in individual wages?

View Solution