Using Individual Ranking as an Employee Appraisal Device, Two Employees

question 56

True/False

Using individual ranking as an employee appraisal device, two employees might be named "best" in the group.

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Definitions:

Sample Variance

The measure of dispersion within a sample data set, indicating how much the sample points deviate from the sample mean.

Confidence Interval

A series of values, calculated from sample measurements, speculated to hold within it the unknown parameter of a population.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values.

Sample Mode

The value that appears most frequently in a given set of data from a sample.