The Number of Checks Processed at a Bank in a Day

question 96

True/False

The number of checks processed at a bank in a day is an example of categorical data.

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Definitions:

Rating Scale

A method for assigning a value to a person's performance or characteristics, often in the form of a numbered or descriptive scale.

Alternation Ranking

A method of evaluating employees where individuals are compared and ranked alternately in terms of best and worst performance.

Performance Measurement

Performance measurement involves the evaluation of the effectiveness and efficiency of an individual, group, or organization's work activities and results.

Simple Ranking

Method of performance measurement that requires managers to rank employees in their group from the highest performer to the poorest performer.