The daily wages of 50 employees in an organization are given below:Daily wages (in $) X 100 - 150 150 - 200 200 - 250 250 - 300 Fr 12 13 17 8 Find the mean(short cut method) and median daily wages.
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Answer:
The mean of the daily wages is $ 196.
The median of the daily wages is $ 200.
Step-by-step-explanation:
We have given the distribution of the wages of some employees.
We have to find the mean and median of the daily wages.
Now, we know that,
The mean of the daily wages is $ 196.
Now, we have to find the median of the given distribution of the daily wages.
Now,
Now, we know that,
The median of the daily wages is $ 200.
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