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An analysis of the weekly wages paid to ...

An analysis of the weekly 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 wages earners 586 648 Average weekly wages Rs. 52.5 Rs. 47.5 Distribution of wages 100 121
(i) Which firm A or B  pays out larger amount as weekly wages?
(ii) Which firm A or B has greater variability in individual wages?

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Average weekly wages $$ =\frac{\text { Total weekly wages }}{\text { Number of workers }} $$ Total weekly wages `=` (Average weekly wages) (Numbers of workers) Total weekly wages for firm A `=` Rs `52.5` $$ \times 586=\text { Rs } 30765 ...
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