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In communicating feedback to employees, managers need to recognize that feedback can be constructive or destructive.
Standard Error
A metric that quantifies the spread of sample averages around the mean of the entire population.
Confidence Level
A measure expressed as a percentage that indicates the probability that a confidence interval contains the true parameter value.
Population Mean
The mean of every value in a given population.
Population Variance
The average of the squared differences from the Mean, describing the variation of the entire population.
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