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 5253 |
Rs 5253 |
Variance of the distribution of wages |
100 |
121 |
(i) Which firm A or B pays larger amount as monthly wages?
(ii) Which firm, A or B, shows greater variability in individual wages?