THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 64

Essay

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
A Monte Carlo study involves 10,000 random samples of size 20 from a normal population with mean μ = 120 and standard deviation σ = 20.For each sample,the mean and the median are calculated,with the following results:

-Which of the two estimators appears most efficient?

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Definitions:

Job Satisfaction Instrument

A tool or survey designed to measure the degree of contentment a worker feels towards their job.

Voluntary Turnover

Turnover initiated by employees (often when the organization would prefer to keep them).

Role Ambiguity

Uncertainty about what the organization expects from the employee in terms of what to do or how to do it.

Involuntary Turnover

Turnover initiated by an employer (often with employees who would prefer to stay).