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From an employer's point of view, what is the most attractive feature of gain-sharing plans?
Variance
A measure of the dispersion indicating how much the numbers in a data set differ from the mean of the set.
Normal Distribution
A symmetric, bell-shaped distribution of data where most of the observations cluster around the central peak and the probabilities for values further away from the mean taper off equally in both directions.
Symmetric
Describes an object or figure that is identical on both sides of a central dividing line.
Probability Density Function
A function that outlines the likelihood of finding a random variable within a particular range of values.
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