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Explain how to conduct F-tests in both of the possible scenarios, describing both the purpose of the F-test and the criteria for rejecting the null hypothesis.
Merit Bonuses
Financial rewards given to employees based on their performance, achievements, or meeting certain criteria.
Behaviourally Anchored Rating Scales
A performance evaluation method that rates employees based on their behaviors related to specific job tasks using scales anchored with behavioral examples.
Frequency Rating
A measurement of how often something occurs within a specified period.
Graphic Rating Scale
A method for assessing performance that involves marking an individual's level of achievement along a linear scale.
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