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A researcher in human resources has expressed concern about the differences in job satisfaction results across units within an organization. The researcher conducts a study to investigate what factors could account for the differences. The researcher looked at a random sample of units across the organization and used the factors of percentage of employees with a university degree, the average age of the employees, and the average salary of employees within a unit. The results of the study are presented below:
Analysis of Variance
-Using the results above,what is the explained variation?
Performance Level
A measurement of the efficiency and effectiveness of a process or activity.
Labour Rate Variance
The difference between the actual cost of direct labor and the expected (or standard) cost, often used to assess workforce efficiency or cost control.
Labour Efficiency Variance
The difference between the actual hours worked and the standard hours expected to complete a task, multiplied by the standard labor rate.
Standard Direct Labour Hours
The estimated time considered necessary to produce one unit of a product under normal conditions.
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