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Bonus pay has a stronger effect on job performance than conventional merit pay.
Standard Error
The standard deviation of the sampling distribution of a statistic, often used to measure the accuracy of a sample mean.
Standard Deviation
A measure of the dispersion or variability of a dataset, representing the average distance between each data point and the mean.
Sample Mean
The average of all the data points in a sample taken from a population.
Probability Sampling
A sampling method in which every member of the population has a known, non-zero chance of being selected, ensuring representativeness and allowing for the calculation of sampling error.
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