Exhibit 7-2
A random sample of 10 examination papers in a course, which was given on a pass or fail basis, showed the following scores. 
-Refer to Exhibit 7-2. The point estimate for the variance of the population is
Definitions:
Strategies
Plans of action or policy designs to achieve a major or overall aim.
To-Do List
A list of tasks that need to be completed, typically organized in order of priority.
Creative Appraisal Systems
Evaluation methods designed to assess employee performance in innovative ways, focusing on creativity, flexibility, and adaptability.
Traditional Appraisal Systems
Systems used by organizations to evaluate employee performance on a regular basis, often emphasizing past performance over future growth potential.
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