Question
Download Solution PDFstudy the given table and answer the question that follows.
The daily wages of 50 employees of a company is shown in the table.
| Daily wages Interval | Frequency (No. of Employee) |
| 80-90 | 9 |
| 90-100 | 3 |
| 100-110 | 31 |
| 110-120 | 5 |
| 120-130 | 2 |
Select the correct statement from the following options.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFCalculation:
| Daily wages Interval | Frequency (No. of Employee) | Mid Value (wages) |
| 80-90 | 9 | 85 |
| 90-100 | 3 | 95 |
| 100-110 | 31 | 105 |
| 110-120 | 5 | 115 |
| 120-130 | 2 | 125 |
Now, the average wage of the employees
⇒ (85 × 9 + 95 × 3 + 105 × 31 + 115 × 5 + 125 × 2)/(9 + 3 + 31 + 5 + 2) = 513/5
⇒ 102.6
⇒ 100 < 102.6 < 110
∴ The average wage of the employees lies between 100-110.
Last updated on Jun 13, 2025
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