The Sample Data Below Shows the Number of Hours Spent

question 96

Multiple Choice

The sample data below shows the number of hours spent by five students over the weekend to prepare for Monday's Business Statistics exam. 3 12 2 3 5.
The sample standard deviation of the number of hours spent by the five students is the closest to _________.

• A) 3.6 hours
• B) 4.1 hours
• C) 13.2 hours
• D) 16.5 hours

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Definitions:

Individual Performance

Individual performance pertains to the work achievements or outputs of a single employee, evaluated against the organization's standards.

Pay Types

The various forms of remuneration that an employee receives for their work, including salary, wages, bonuses, and commissions.

Short-Term Incentives

Bonuses or rewards given to employees to motivate and reward performance over a short period, typically within a year.

Financial Targets

Specific goals related to the financial performance or outcomes of a business, such as revenue, profit margins, or cost reductions.