Kevin Asked Some of His Friends How Many Hours They

question 39

Essay

Kevin asked some of his friends how many hours they had worked during the previous week at their
after-school jobs. The results are shown below. $$\begin{array} { | l l l l l l l l l l l l | } \hline 5 & 6 & 5 & 4 & 5 & 5 & 9 & 8 & 5 & 3 & 7 & 6 \\6 & 7 & 5 & 6 & 7 & 5 & 6 & 8 & 6 & 7 & 8 & 4 \\\hline\end{array}$$ Construct a frequency distribution. Use 4 classes, a class width of 2 hours and a lower limit of 3 for class 1.

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Definitions:

Incentive Compensation Systems

Reward structures designed to motivate employees by tying a portion of their earnings to specific performance metrics.

Performance Targets

These are specific goals set for employees or departments to achieve within a certain timeframe to measure effectiveness.

Bonus Pay Plans

Financial incentives provided to employees based on performance.

Law Of Effect

A psychological principle suggesting that behaviors followed by positive outcomes are likely to be repeated, whereas those followed by negative outcomes are less likely to be repeated.