Examlex
Which of the following methods of performance appraisal involves grouping employees into predefined frequencies ofperformance ratings?
Sample Observations
Specific instances from a larger population used to gather data and draw conclusions.
Probability
A measure of the likelihood that an event will occur, quantified as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.
Sample Mean
The average value computed from a sample of data, representing an estimate of the population mean.
Standard Deviation
A measure of the amount of variation or dispersion of a set of values, indicating how spread out the values of a data set are.
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