A cottage factory with 178 workers computed its mean wage bill and found it to be K£ 49.95 and its modal wage was K£ 44.50. If the variance was 78.5625, calculate;
i. The total wage bill 178*49.95
ii. The median wage I don't think that there is enough information given
iii. The coefficient of variation sqr(78.5625) / 49.95
"The coefficient of variation represents the ratio of the standard deviation to the mean, and it is a useful statistic for comparing the degree of variation from one data series to another, even if the means are drastically different from each other."
+4 
+118654 
