Examlex
Which purpose of performance management involves serving as the basis for developing employees' knowledge and skills?
Sample Statistic
A numerical value calculated from a sample, used to estimate a population parameter.
Spearman Rank
It's a method for assessing rank correlation without assuming any parameter, focusing on how a monotonic function might accurately describe the connection between two variables.
Ordinal Variables
Variables that represent categories with a meaningful order but without a fixed interval between categories, such as rankings or levels of satisfaction.
Pearson's Coefficient
A measure of the linear correlation between two variables, ranging from -1 to 1, where 1 means a perfect positive linear relationship and -1 a perfect negative linear relationship.
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