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There Is an Old Saying That "What Gets Measured Gets

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There is an old saying that "what gets measured gets done." One of the most important things performance management does is to let employees know what they should be doing and how they are doing.


Definitions:

Residual Standard Deviation

A measure of the standard deviation of residuals in regression analysis, indicating the typical distance between observed and predicted values.

Proficiency Test

An evaluation designed to assess an individual's competence or skill level in a particular area.

Regression Analysis

A statistical method for examining the relationship between a dependent variable and one or more independent variables by fitting a linear equation to observed data.

Entering GPA

Entering GPA refers to the grade point average of a student at the time of admission or entry into a new educational institution or program.

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