Of the Following Pay Programs,the Weakest Link Between Employees' Performance

question 92

Multiple Choice

Of the following pay programs,the weakest link between employees' performance and their earnings is found in

• A)individual incentive plans.
• B)merit pay plans.
• C)profit-sharing plans.
• D)group incentive plans.

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Definitions:

Dependent Variable

In an experiment or study, it is the variable that is being tested and measured, expected to change in response to alterations in the independent variable.

Coefficient Of Correlation

A statistical measure that quantifies the degree to which two variables change together; ranging from -1 to 1.

Least Squares Estimate

A method in regression analysis to estimate the coefficients by minimizing the sum of the squared residuals.

Population Slope

It refers to the slope of the line that best fits the entire population data in a regression model, representing the average change in the dependent variable for a one-unit change in the independent variable.