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A study is designed to evaluate the relationship between a person's height and his or her salary.A random sample of 800 workers at a large corporation is drawn, and each individual's height (x) and salary (y) are recorded.If the coefficient of determination from the sample is 0.126, we can conclude that:
Reimbursement
The act of compensating someone for an expense they have incurred, often related to business costs or healthcare expenses.
Fringe Benefits
These are additional compensations provided to employees beyond their regular salaries, such as health insurance, car allowances, or retirement benefits.
Merit Pay Systems
Incentive programs that reward employees based on their performance and productivity.
Profit-Sharing Plans
A compensation strategy where employees receive a share of the company's profits, aligning their interests with the company's performance and fostering a team-oriented culture.
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