Employees' Knowledge and Skills Are Said to Generate Human Capital

question 18

True/False

Employees' knowledge and skills are said to generate human capital for firms and are the basis for incentive-pay.(Adjustments to Core Competition)

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Definitions:

Range

The difference between the highest and lowest values in a dataset, showing the spread of the data.

Mean

An average value that summarizes or represents the central tendency within a data set, determined by dividing the sum of all values by their count.

Mode

The value that appears most frequently in a data set.

Mean

The average of a set of numbers, calculated by summing the numbers and then dividing by the count of those numbers.