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The Critical Incident Method Is a Variation of the Ranking

question 4

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The critical incident method is a variation of the ranking method in which the performance of each employee is compared with every other employee in the group.


Definitions:

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of data points, indicating the volatility of an investment.

Portfolio

A collection of investments held by an individual or institution, including stocks, bonds, commodities, and other financial instruments.

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