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​While Assessing the Yearly Performance of the Employees, a Manager

question 82

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​While assessing the yearly performance of the employees, a manager at LifeSmile Inc. has rated all of his employees as very good performers. Even the employees who performed badly and hardly met their targets were rated as very good performers. In this context, the manager at LifeSmile performed a(n) _____ error.


Definitions:

Likelihood Probabilities

Measures of the plausibility of a hypothesis given certain data, not necessarily summed to one.

Posterior Probabilities

Probabilities that are updated as more evidence or information becomes available, commonly used in Bayesian statistics.

Additional Information

This term refers to supplementary data or context provided beyond the primary content, enhancing understanding or analysis.

Posterior Probabilities

The revised probabilities of potential outcomes after taking into account new evidence or information.

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