Examlex
A performance appraisal is an evaluation in which the performance level of employees is measured against established standards to make decisions about promotions, compensation, additional training, or firing.
Sample Data
Data collected or selected from a larger population, used in statistical analysis to make inferences about the population.
Variance
A statistical measurement of the spread between numbers in a dataset, indicating how much they differ from the mean of the set.
Population
The entire group of individuals or instances about whom we wish to make conclusions in a statistical study.
Standard Deviation
A statistical index that signifies the distribution of data points around the mean of a dataset.
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