Question 13 Marks
Two plants A and B of a factory show following results about the number of workers and the wages paid to them:
In which plant A or B is there greater variability in individual wages?
| Plant A | Plant B | |
| No. of workers | 5000 | 6000 |
| Average monthly wages | ₹ 2500 | ₹ 2500 |
| Variance of distribution of wages | 81 | 100 |
Answer
View full question & answer→Variance of the distribution of wages in plant $\text{A}\big(\sigma^2\big)=81$
Standard deviation of the distribution of wages in plant $\text{A}(\sigma)=9$
Variance of the distribution of wages in plant $\text{B}\big(\sigma^2\big)=100$
Standard deviation of the distribution of wages in plant $\text{B}(\sigma)=10$
Average monthly wages in both the plants are Rs 2500.
Thus, the plant with greater value of SD will have more variability in salary.
Plant B has more variability in individual wages than plant A.
Standard deviation of the distribution of wages in plant $\text{A}(\sigma)=9$
Variance of the distribution of wages in plant $\text{B}\big(\sigma^2\big)=100$
Standard deviation of the distribution of wages in plant $\text{B}(\sigma)=10$
Average monthly wages in both the plants are Rs 2500.
Thus, the plant with greater value of SD will have more variability in salary.
Plant B has more variability in individual wages than plant A.