Correlation and the chi-square test of independence are similar in purpose with a few key differences. Describe how are these tests are similar. Describe how they are different.
What will be an ideal response?
These statistics are similar in that both tests examine the relationship between two variables. These statistics are different in two major ways. First, they require different scales of measurement. Second, correlation quantified the strength and magnitude of a relationship whereas the chi-squared test of independence looks for effects beyond what we’d expect from either variable alone.
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Carmella, a human resources executive, emphasizes to her staff that the department should focus on serving its "customer," the company's employees. Which activity best expresses treatment of employees as customers?
A. telling employees what they must do to meet the needs of the HR department B. directing employees who call to submit their questions in writing on a certain form C. reporting safety performance to the Occupational Safety and Health Administration D. providing employees with the training they need to succeed at work E. keeping records of whether employees complete training when it is required
Charging different prices to different segments according to their price elasticity or sensitivity is known as price discrimination
Indicate whether the statement is true or false
An adjusted trial balance must be prepared before the adjusting entries can be recorded
Indicate whether the statement is true or false
Describe the four major tools for motivational job design.
What will be an ideal response?