Performance Standards Can Only Be Set with Respect to Quantity

question 90

True/False

Performance standards can only be set with respect to quantity or quality.

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Definitions:

Standard Deviation

A statistical measure that indicates the dispersion or variability of a set of data points in relation to their mean.

Variability

The extent to which data points in a data set or distribution differ from each other and from the central value (mean or median).

Mean

The statistical measure that divides the sum of all values in a data set by the number of values, commonly known as the average.

Median

A statistical measure representing the middle value in a data set, where half the numbers are above and half are below it.