Both statements made about the company are valid.
To determine the validity of the claim, we examine the two statements;
Using the parameters given;
- Total number of employees = 123
1.)
Evaluating the percentage earning
The percentage earning is more than £17 for over 30% of employees;
Number of employees earning more than £17 is :
Now we have ;
Percentage = (57 / 123) × 100% = 46.34%
This means that, the first statement is True
2.)
Examining the statement made on Average hourly rate ;
- (66 * 12)+(32 * 17)+(15 * 30)+(70 * 10) / 123
Now we have ;
Average hourly rate = 2486/ 123 = 20.21
This means , average hourly rate is over £20
Complete Question:
A company has 123 employees . Information about their hourly rate of pay is shown in the table. The owner uses the data to make two statements.
Statement A:
Over 30% of the employees have hourly rate that is more than £17
Statement B:
Average hourly rate of pay is more than £20