Question

An analysis of monthly wages paid to workers in two firms A&B . Belonging to same industry gives following results.
FIRM A

Numbers of wages earners : 550
average monthly wages : 14450
SD the distribution of wages : 100

FIRM B

Numbers of wages earners : 650
average monthly wages : 1400
SD the distribution of wages : 140

(A) which firm , A or B
pays out larger amount as
weekly wages ?

(B) In which firm, A or B is there greater variability
in Individual mages ?
​

Answer 1

Answer:

a)firm a pays larger amounts

b) firm b