THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING

question 68

Essay

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING:
The manager of a movie rental store was interested in examining the relationship between the weekly take-home pay for a family and the amount that family spends weekly on recreational activities.The following output was generated using Minitab:
Covariances

Let X = weekly take-home pay,and Y = amount spent weekly on recreational activities.
-Identify the covariance between X and Y.

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Definitions:

Upward Communication

The process of information flow from the lower levels of a hierarchy to the higher levels, primarily involving feedback, suggestions, complaints, or reports from employees to management.

Downward Communication

The flow of information and messages from higher levels of an organization's hierarchy to the lower levels.

Employer Branding

The process of promoting a company or organization as an employer of choice to a desired target group, to attract, recruit, and retain employees.

Distinctive Features

Characteristics that differentiate an object, concept, or phenomenon from others, making it uniquely identifiable.