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What Measures of Central Tendency and Dispersion Only Become Available

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Essay

What measures of central tendency and dispersion only become available at the interval/ratio level of measurement?


Definitions:

Goal System

A structured approach to setting, monitoring, and achieving objectives within an organization, often linked to performance management.

Job Evaluation System

A method used by organizations to assess the value of each job in relation to others within the company to determine appropriate compensation levels.

Point Method

A technique used in job evaluation that involves quantifying job elements to determine the value of a position within an organization.

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