In a Campaign Debate Over the Level of Prosperity in the State

question 3

Multiple Choice

In a campaign debate over the level of prosperity in the state, the incumbent governor says: "average income is $53,000." His opponent responds "the average citizen earns only $38,000." Both statements are true. This is possible because________.

• A) the governor is citing the median.
• B) the opponent is using the mode.
• C) the opponent is using the mean.
• D) the governor is using the mean.

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Definitions:

Gain Sharing

A performance-related pay strategy that offers employees financial rewards based on improvements in productivity, efficiency, or profitability within their work group or organization.

Higher Performers

Employees who consistently exceed job expectations and perform at levels beyond their peers.

Nonmonetary Award

A reward given to employees that does not involve financial compensation, often used to acknowledge accomplishments or motivate performance.

Stock Bonuses

A form of incentive compensation where employees are awarded shares of the company's stock, aligning employee interests with shareholder interests.