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A Relative Frequency Distribution Describes the Number of Data Values

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A relative frequency distribution describes the number of data values that fall within each class, and may be presented in histogram form.


Definitions:

Incentive Compensation

A form of payment designed to reward employees for achieving certain performance targets.

Performance Measures

Metrics or criteria used to evaluate the effectiveness, efficiency, or success of an organization or individual's work.

Small Favors

Minor acts of kindness or assistance that are offered or exchanged, often informally or without expectation of reciprocation.

Decentralized

Refers to the distribution of functions, powers, people, or things away from a central location or authority.

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