Which Correlation Coefficient Would You Use to Look at the Correlation

question 4

Multiple Choice

Which correlation coefficient would you use to look at the correlation between gender and time spent on the phone talking to your mother?

• A)Kendall's correlation coefficient, τ
• B)Pearson's correlation coefficient, r
• C)The biserial correlation coefficient, r_b
• D)The point-biserial correlation coefficient, r_pb

Explain the parity principle and its relevance in organizational structure.

Analyze the relationship between organizational flexibility and size.

Understand the efficiency benefits of departmentalizing within an organization.

Know the effective strategies for encouraging employees to accept responsibility.

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Definitions:

Privity of Contract

A principle in contract law which holds that only parties to a contract have the right to enforce or challenge it.

Enforce the Contract

The legal process of ensuring that the terms of a contract are carried out as agreed by the parties involved.

Pay

The compensation received by an employee for services rendered to an employer, typically provided in the form of monetary remuneration.

Contract

A legal agreement between two or more parties that outlines responsibilities, duties, and benefits, enforceable by law.