Georgeanne Works in a Company for Which Her Primary Job

question 61

Multiple Choice

Georgeanne works in a company for which her primary job function is the sale of company products to consumers.She receives a percentage of each sale as part of her compensation.Her compensation contains a ________ element.

• A)piece-rate
• B)commission
• C)pay-for-performance
• D)nonexempt

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Definitions:

Survey

A method for collecting information and data about a population by asking questions to a sample of that population to extrapolate insights or conclusions about the whole.

Cluster Samples

A sampling technique where the population is divided into groups (clusters) and a random sample of these clusters is selected to represent the whole population.

Sampling Error

Sampling error describes the difference between a sample statistic used to estimate a population parameter and the actual but unknown value of the parameter.

Sampling Error

The difference between a sample statistic used to estimate a population parameter and the actual but unknown value of the parameter.