A Summary Measure That Is Computed to Describe a Characteristic

question 57

Multiple Choice

A summary measure that is computed to describe a characteristic from only a sample of the population is called

• A) a parameter.
• B) a statistic.
• C) the scientific method.
• D) a census.

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Definitions:

Goal Setting

The process of identifying specific, measurable, achievable, relevant, and time-bound objectives to be accomplished.

MBO Program

Management by Objectives, a strategic management model that aims to improve organizational performance by clearly defining objectives that are agreed upon by both management and employees.

Supervisory Coverage

The extent to which employees are monitored and guided by supervisors, ensuring that work is performed correctly and efficiently.

Job Sharing

An alternative work schedule in which two part-time employees divide the work of a full-time job.