Average daily wage of 50 workers of a factory was Rs. 200 with a standard deviation of Rs. 40. Each worker is given a raise of Rs. 20. What is the new average daily wage and standard deviation? Have the wages become more or less uniform?
Increase in each worker wages = Rs. 20
Total increase in wages = 50 × 20 = Rs. 1000
Total of wages before increase worker in wages = 50 × 200 = Rs. 10,000
Total wages after increase in wages

Hence, mean wages will be affected but standard deviation will not be affected as the standard deviation is independent of origin. Have the wages become or less uniform? In order to calculate uniformity wages, we will have to calculate co-efficient of variation.

Afterwards

Now more uniformity in wages has taken place.