2. Consider the following distribution of daily wages of 50 workers of a factory.
Daily wages (in)
500-520
520-540
540 - 560
560-580
580-600
Number of workers
12
14
8
6
10
Find the mean daily wages of the workers of the factory by using an appropriate method.
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Daily wages (fi) (xi) (fixi)
600−20 12 510 6120
520−540 14 630 7420
540−560 8 550 4400
560−580 6 570 3420
580−600 10 590 $$5900
∑fi=50 ∑fi xi⇒27260
mean
∑fi
∑fi xi
=
50
27260
=
5
2726
=545.2
∴ meam\n wage of 50 employees is 545.2rs
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