Compensation Is the Total of an Employee's ________________

question 60

Multiple Choice

Compensation is the total of an employee's ________________.

• A)pay
• B)benefits
• C)pay and benefits
• D)benefits and incentives

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Definitions:

SST

In statistics, SST stands for Total Sum of Squares, which is a measure of the total variance in a dataset, representing the sum of squared differences from the mean.

One-Way ANOVA

A statistical test that assesses whether there are any statistically significant differences between the means of three or more independent (unrelated) groups.

F Statistic

A ratio used in the analysis of variance (ANOVA) to determine whether the means of several groups are equal.

ANOVA Table

A table used in analysis of variance that shows the sources of variability in the data and helps in determining whether there are significant differences between group means.