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What Is Downsizing and How Is It Best Done? List

question 7

Essay

What is downsizing and how is it best done? List and describe four ways of choosing who gets targeted during a downsizing.


Definitions:

Interquartile Range

A measure of statistical variability that describes the range between the first (25th percentile) and third (75th percentile) quartiles, effectively capturing the middle 50% of the data.

1st Quartile

The value below which 25% of the observations in a dataset fall, also known as the 25th percentile.

3rd Quartile

The 3rd quartile, also known as Q3, marks the value below which 75% of the data in a dataset falls, effectively dividing the higher quarter of data from the rest.

Range

The gap between the maximum and minimum figures within a set of data.

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