# 3.      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 $Rs\hspace {1mm} 5253$ $Rs\hspace {1mm} 5253$ Variance of the distribution of wages $100$ $121$ (i) Which firm A or B pays larger amount as monthly wages?

Given, Mean of monthly wages of firm A = 5253

Number of wage earners = 586

Total amount paid = 586 x 5253 = 30,78,258

Again, Mean of monthly wages of firm B = 5253

Number of wage earners = 648

Total amount paid = 648 x 5253 = 34,03,944

Hence firm B pays larger amount as monthly wages.

Exams
Articles
Questions