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A Summary of the Results of a Job Satisfaction Survey

question 7

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A summary of the results of a job satisfaction survey follows. What is wrong with the relative frequency distribution?  Rating  Relative Frequency  Poor 0.15 Fair 0.45 Good 0.25 Excellent 0.30\begin{array} { l l } \text { Rating } & \text { Relative Frequency } \\\hline \text { Poor } & 0.15 \\\text { Fair } & 0.45 \\\text { Good } & 0.25 \\\text { Excellent } & 0.30\end{array}


Definitions:

Category Killer

A large retail store specializing in a particular product category, dominating the market and often driving smaller retailers out of business.

General Merchandise Store

Retail establishments offering a wide range of products from various categories including clothing, housewares, and groceries.

Value Outlet

A retail store that offers products at lower prices by reducing overhead costs and offering goods that provide value for money.

Focused Merchandise Stores

Retail outlets that specialize in a specific type of product or market niche, aimed at catering to specific customer needs.

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