Examlex
The mean of the sampling distribution of the sample proportion ,when the sample size n = 100 and the population proportion p = 0.92,is 92.0.
Performance Rating
An evaluation of an individual's or machine's work output against a set standard.
Normal Time
The average time that should be taken to complete a task or process under normal working conditions.
Standard Time
The established time allowed for the completion of a specific job, based on measurements and assessments of work processes.
Variable Allowance
In budgeting and cost accounting, it refers to an amount set aside that can change based on the performance or needs of a business.
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