Related Questions

Which of the following are the correct statements with regard to positive skewed distribution? (A) Mean > Media > Mode (B) Mean < Median < Mode (C) Q3 - Median < Median - Q1 (D) Q3 - Median > Median - Q1 (E) Mean = Median = Mod Choose the correct answer from the options given below:
Factory A and Factory B employ 476 and 524 employees. respectively. The average weekly salary of an employee in Factory A is $34.5 whereas for an employee in Factory B it is $28.5, The standard deviation in paying the individual salary has been recorded as $5 and $4.5 for Factory A and Factory B, respectively. Which factory has greater variability in paying individual salary?
Which of the following statements are true/false?
1. Every worker who has worked fora period of 240 days or more in a factory during a calendar year shall be allowed during the subsequent calendar year, leave with wages.
2. A worker who has been allowed leave for not less than four days, in the case of an adult, and five days, in the case of a child shall, before his leave begins, be paid the wages due for the period of the leave allowed.
3. If a worker works in a factory works for more than nine hours in any day or for more than 40 hours in any week, he shall, in respect of overtime work, be entitled to wagesat the rate oftwicehis ordinary rate of wages.4. The periods of work of an adult worker in a factory shall be so arranged that inclusive of his intervals for rest, they shall not spread over more than eleven and a half hours in any day.
Which of the following statements are true/false?
1. Wages includes remuneration payable under any award or settlement between the parties or order of a court.
2. The employer needs to fix wage period for the payment of wages and this period shall not exceed two months.
3. Wages do not include travelling allowance or the value of any travelling concession.
4. In case of a person who is working in any railway factory or industrial or other establishment upon or in which more than one thousand persons are employed, the wages need to be paid by tenth of that month.
Which of the following statements are true/false?
1. The employer needs to maintain a register of the employees working under him. This register needs to be preserved for a period of two years after the date of the last entry made therein.
2. In case of a person who is working in any railway factory or industrial or other establishment upon or in which more than one thousand persons are employed, the wages need to be paid by tenth of that month.
3. In case of a person who is working in any railway factory or industrial or other establishment upon or in which less than one thousand persons are employed, the wages need to be paid by third of that month.
4. In case, an employer terminates an employee, the wages earned by him must be paid before the expiry of the second working day from the day on which his employment is terminated.
There are 1250 cars in a factory. The factory produces 5 cars hourly. If the sales of the factory are 50 cars per day, what will be the sale percentage to the total cars held by the factory after 5 days. It is known that the factory runs 8 hours daily.
Which of the following statements are true/false?
1. No child shall be employed or permitted to work, in any factory for more than four and a half hours in any day and during the night.
2. A child who has completed his eighteenth year or an adolescent shall not be required or allowed to work in any factory unless he has a certificate of fitness is granted in the custody of the manager of the factory.
3. The period of work of all children employed in a factory shall be limited to two shifts which shall not overlap or spread over more than five hours each.
4. No female child shall be required or allowed to work in any factory except between 8 A.M. and 7 P.M.
What is the formula for the median of Grouped data? * h b) Median = L + * h c) Median = L + + h d) Median = L * * h
Read the following.
Unions demand high wages to counter inflationary pressures on the economic conditions of the working class. Higher wages enhance the purchasing power of the workers, there by raising inflation.
Which of the following inferences are wrong?
1. Unions have the sole purpose of improving the economic conditions of workers.
2. Enhanced wages increase the purchasing power of workers.
3. Inflation and purchasing power are negatively correlated.
4. Inflation drives unions to go for demanding higher wages.
Which of the following is correct in context of Inter-state Workmen Regulation Act, 1979?
1. An inter-state migrant workman shall be paid twice than the wages fixed under the Minimum Wages Act, 1948.
2. Wages payable to an inter-state migrant workman/under this section shall be paid in 'cash' only.
3. The contractor is bound to pay every inter-state migrant workman at the time of recruitment, a displacement allowance equal to 50% of the monthly wages payable to him or ninety-five rupees.