Explain the Central Limit Theorem

question 37

Essay

Explain the central limit theorem.

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Definitions:

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.