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SCENARIO 11-8
An important factor in selecting database software is the time required for a user to learn how to use the system.To evaluate three potential brands (A,B and C)of database software,a company designed a test involving five different employees.To reduce variability due to differences among employees,each of the five employees is trained on each of the three different brands.The amount of time (in hours)needed to learn each of the three different brands is given below:
Below is the Excel output for the randomized block design:
-Referring to Scenario 11-8,the decision made at a 0.05 level of significance on the randomized block F test for the difference in means implies that all 3 means are significantly different from each other.
Employee's Performance
The job activities and outcomes that an employee accomplishes in accordance to the expectations and standards of the organization.
Individual Incentive Plan
A compensatory strategy intended to boost individual employee performance through specific rewards.
Piecework
A payment structure where employees are paid a fixed rate for each unit of work completed, rather than by hourly wages.
Profit-Sharing Plans
Employee benefit plans under which a company shares a portion of its profits with its employees, usually distributed based on set criteria such as seniority or salary level.
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