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Define Equity Theory

question 81

Essay

Define equity theory. Identify the five ways in which people try to restore equity when they perceive that they have been treated unfairly. Describe a circumstance in which you or someone you know experienced inequity in a work situation. Explain the actions you (or that person) took to restore equity.


Definitions:

Mean

The average of a set of numbers, calculated by summing all numbers in the set and then dividing by the count of numbers.

Standard Normal

A special case of the normal distribution with a mean of zero and a standard deviation of one.

Random Variable

A random variable is a variable whose values depend on outcomes of a random phenomenon, used in probability and statistics to model real-world processes.

Negative Value

A numerical value less than zero, indicating a deficit or loss in a particular context.

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