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An analysis of monthly wages paid to the workers of two jute mills $A$ and $B$ gives the following data:
\begin{array}{lll}
No. of workers & Mill-A & Mill-B \\
Average daily wage (in rupees) & 500 & 600 \\
Variance of distribution of wages & 186 & 175 \\
81 & 100
\end{array}
Then
Options:
\begin{array}{lll}
No. of workers & Mill-A & Mill-B \\
Average daily wage (in rupees) & 500 & 600 \\
Variance of distribution of wages & 186 & 175 \\
81 & 100
\end{array}
Then
Solution:
2517 Upvotes
Verified Answer
The correct answer is:
wage bill of mill B is greater than that of mill A
Average wage bill of mill A
$\begin{aligned} & =\text { No. of workers } \times \text { Average daily wage }=500 \times 186 \\ & =92500\end{aligned}$
Average wage bill of mill B
$\begin{aligned} & =\text { No. of workers } \times \text { Average daily wage }=600 \times 175 \\ & =105000 \\ & \therefore \text { Wage bill of mill } B \text { is greater than that of mill } A .\end{aligned}$
$\begin{aligned} & =\text { No. of workers } \times \text { Average daily wage }=500 \times 186 \\ & =92500\end{aligned}$
Average wage bill of mill B
$\begin{aligned} & =\text { No. of workers } \times \text { Average daily wage }=600 \times 175 \\ & =105000 \\ & \therefore \text { Wage bill of mill } B \text { is greater than that of mill } A .\end{aligned}$
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