Question

) After settlement, the average weekly wage in a factory had increased from Rs. 8 to 12 and standard deviation had increased from Rs. 1 to 1.5. The wages have become higher and more uniform, after settlement. Comment.

Answer 1

Explanation:

It is true that after settlement the average weekly salary has increased, infact it has increased by an mount of 4 which is an increment of 50%. However , the uniformity in salary levels across the company has become less as the deviation has also increased by 50%. So it cannot be said that salaries have also become more uniform