Calculate the Chi-Square Value for the Below Example

question 1

Multiple Choice

Calculate the chi-square value for the below example.

• A) 2.876
• B) 2.600
• C) 2.881
• D) 0.586

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Definitions:

Pay Plan

A structured compensation system for employees that outlines the wages, salaries, benefits, and incentives offered by an employer.

Skill-based Pay Plans

Compensation systems that determine employees' pay rates based on their skills, knowledge, or proficiency rather than job titles or positions.

Pay-for-skills

A compensation strategy where employees are paid based on the variety and depth of skills they bring to their role, rather than their job title alone.

Pay-for Knowledge

A compensation strategy that rewards employees for acquiring and applying knowledge and skills pertinent to their job.