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In Tokyo, Construction Workers Earn an Average of ×420,000 (Yen)

Question 2

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In Tokyo, construction workers earn an average of ×420,000 (yen) per month with a standard deviation of ×20,000, while in Hamburg, Germany, construction workers earn an average of €3,200 (euros) per month with a standard deviation of €57. Who is earning relatively more, a worker making ×460,000 per month in Tokyo or one earning €3,300 per month in Hamburg?


A) The workers are the same in relative terms.
B) The Tokyo worker is relatively better off.
C) The Hamburg worker is relatively better off.

Correct Answer:

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