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in Economics by (47.3k points)

Consider the following distribution of daily wages of 50 workers of a factory. Find the mean daily wages of workers.

Daily wages(Rs) 100 - 120 120 - 140 140 - 160 160 - 180 180 - 200
No of workers : 12 14 8 6 10

1 Answer

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Best answer
X F m Fm
100 -120
120 -140
160 - 180
180 - 200
12
14
8
6
10
110
130
150
170
90
120
1820
1200
1020
1900
∑F = 50 ∑fm = 7260

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