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?