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CASE Scenario - Holly Davis

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CASE
Scenario - Holly Davis
Holly Davis was working as the sales manager for Industrial Instruments. Some of the sales executives were showing signs of burnout. They were losing interest in their jobs and were no longer motivated to gain new accounts. The reward system focused on old reliable accounts, but Holly was now under pressure to expand the customer base. Holly had recently been to a seminar on corporate value systems. She recognized that the company's CEO wanted to change in the way employees thought about the firm and in the way they related to one another. She further recognized that a lasting solution to her problem required a fundamental shift in perception.
-It appears that one of the problems that Holly faced was the presence of a __________ gap.


Definitions:

Normally Distributed

Explains a probability distribution pattern that is uniform on both sides of the mean, highlighting that data points closer to the mean have a higher frequency of occurrence compared to those farther away.

Goodness-of-fit Test

A statistical test used to determine how well sample data fit a distribution from a population with a normal distribution.

Normally Distributed

Describes a statistical distribution where the arrangement is balanced around the mean, indicating that observations close to the mean happen more often than those further away.

Regression Line

A line of best fit through a dataset in regression analysis, showing the relationship between the independent and dependent variables.

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