A Frequency Distribution,which Is Completely Defined by Its Average (Mean)and

question 94

Multiple Choice

A frequency distribution,which is completely defined by its average (mean) and standard deviation,is referred to as a(n) :

• A)normal distribution.
• B)variance distribution.
• C)expected rate of return.
• D)average geometric return.
• E)average arithmetic return.

---

Definitions:

Benchmark Jobs

Positions within an organization that are used as reference points for setting wages and evaluating other jobs by comparing required skills, responsibilities, and roles.

Job-Comparison Chart

A methodical tool utilized for the evaluation and comparison of job roles based upon various metrics and benchmarks.

Nonmandated Benefits

Refers to the voluntary provision of benefits by employers, such as dental insurance, retirement plans, and paid time off, that are not required by law.

Perquisite

A benefit or privilege granted to an employee in addition to their regular salary or wages, often referred to as a "perk."