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Can a firm prevent the moral hazard problem of workers shirking?
Category
A class or division of people or things regarded as having particular shared characteristics.
Mode
The value that appears most frequently in a set of data.
Median
The middle value in a sorted list of numbers, dividing the dataset into two halves.
Influenced By Outliers
This describes the impact that anomalous data points, which differ significantly from other observations, have on statistical analyses, potentially skewing the results.
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