Summary Averages Are Also Called

question 32

Multiple Choice

Summary averages are also called

• A) standard deviations.
• B) regression marginals.
• C) measures of central tendency.
• D) measures of dispersion.

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Definitions:

Profit-sharing

A financial incentive strategy where employees receive a share of the company's profits in addition to their regular compensation.

Net Profits

The amount of money that remains from revenues after all operating expenses, taxes, and interest have been deducted.

Performance Period

The specific timeframe over which the output or effectiveness of an activity or individual is measured.

Reinforcement Theory

A motivational theory suggesting that people are likely to repeat behavior that is rewarded and avoid behavior that is punished.