Examlex
If one selects a sample by beginning with a random start of an element and then selecting every kth element in the frame for inclusion in the sample,which type of sampling method is being used?
Mean
The arithmetic average of a set of values or a distribution, calculated by summing all the values and dividing by the number of values.
Organization-Level Incentive
A reward or bonus system designed to encourage and reward collective achievements of all members within an organization, aiming to drive overall organizational performance.
Profit Sharing
A company policy where employees receive a share of the company's profits beyond their regular pay, serving as an incentive and reward.
Gainsharing
A type of incentive plan where employees receive bonuses based on the cost-saving or performance improvements they help achieve for the company.
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