When Computing the Variance,why Do We Square the Deviations from the Mean

question 50

Multiple Choice

When computing the variance,why do we square the deviations from the mean?

• A)To return the units of measure to their original form
• B)To compensate for the fact that the number of degrees of freedom is different from N
• C)To transform the raw scores into squared scores
• D)To compensate for the fact that deviations about the mean always sum to zero

Acknowledge the effectiveness of team-based financial incentives on various organizational outcomes.

Assess the use of employee stock ownership plans (ESOPs) and their effects on employee motivation.

Understand how pay plans can be effectively implemented to foster teamwork.

Comprehend the conditions under which profit sharing is most effective.

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Definitions:

Respondents

Individuals who provide data or answers in a survey, study, or experiment.

Degrees of Freedom

The number of independent values or quantities that can vary in the analysis without violating any constraints.

F-ratio

A statistic used in ANOVA tests to compare the variability between group means to the variability within groups.

Participants

Individuals who take part in a study or experiment, providing data for analysis.