Measures of Central Tendency 1. What Do You Mean by Mean? a) The mean of the salaries is calculated by adding up each individual salary and dividing it by the seven employees. The mean of the seven salaries is $43‚814.29. The mean compares to the individual salaries because it shows the average of all the salaries together. The employees would use the average to negotiate with Dick for a higher salary‚ because by looking at the average you can see that Dick’s salary is an outlier compared to
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Capsim Success Measures RETURN ON EQUITY (ROE) Formula Description: What Does Return On Equity Tell You? Return on equity (ROE) is net profit divided by total equity. Return on equity tells you how effectively a company is using the dollars invested in it by stockholders. ROE is the most often quoted single statistic when describing a firm ’s performance. It is also one of the statistics considered to be most useful by stockholders. RETURN ON ASSETS (ROA) Formula Description: You determine
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A STUDY ON EMPLOYEE WELFARE MEASURE IN RELIANCE LIFE INSURANCE AT CHENNAI By MURALIDHARARN.R (Reg. No.40909631026) OF DEPARTMENT OF MANAGEMENT STUDIES KARPAGA VINAYAGA COLLEGE OF ENGINEERING AND TECHNOLOGY‚ A PROJECT REPORT Submitted to the FACULTY OF MANAGEMENT
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employees would depend greatly on the extent of satisfaction amongst them. A dissatisfied worker causes demage to the reputations to the property of the company. The satisfaction of the employees mainly depend upon their salary income and welfare measures. Since employees join to make small groups‚ together make large organizations and this constitute society. Employees satisfaction is of great importance for the employees for the organizations and for the society as a whole. Unless the management
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Importance of nonfinancial measures offer four advantages based on financial date. First‚ the long term organization strategies they do not deal with profitability‚ competitive‚ strength and longer term strategic goals. They only do their job of new product development and expand organizational capabilities which are important for strategic goals. Second‚ intangible assets which is intellectual capital and customer loyalty of company rather than balance sheet. Third non financial measures help us to predict
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have the same variance. (1) Note that three of the most important distributions (namely the normal distribution‚ the t distribution‚ and the chi-square distribution) may be seen as special cases of the F distribution: (3) Example: We want to measure the monthly sales volume from Microsoft and Apple. We collect data for a year ( 12 months). We calculate the variance for both and define the “degrees of freedom’ (n-1= 11) and then we can build the F-distribution. F statistic (): Defined as the
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Noneconomic Measures of Development - The relationship between economic and social measures of development is direct and proportional. -Conversely‚ the relationship between social-economic and demographic variables is usually inverse. I. Education - A literate educated labor force is essential for the effective transfer of advanced technology from the developed to developing countries. - The problem in part stems from a national poverty that denies to the educational program
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Often times society deems marginal behavior to be unbeneficial‚ but Frazier states "..marginal behavior can be the most important kind."(58 Frazier) because every purpose-filled activity starts off as a margin. Nonetheless‚ it is crucial for marginal things to exist as they provide many benefits and play an important role in the world we live in today. Living in a society where we are constantly being told what to do ‚ marginal activities are necessary because they can allow oneself to discover what
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I. INTRODUCTION & RESEARCH DESIGN 1.1 Introduction All industries are made up of people and function through people‚ without people no industries exist. The resources for men‚ material and machinery are collected‚ co-coordinated and utilized through people. Human resource by themselves fulfill the objectives of an industries‚ they need to be united into a team. it is through the combined effects of people that material and monetary resource are effectively utilized for the attainment of
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Unemployment as a Measure of Welfare Unemployment‚ as defined in books‚ is a situation wherein a person is jobless but is actively looking for work. To get the unemployment rate‚ we divide the total number of unemployed to the total labor force. Unemployment rate is sometimes used to determine the economic growth of a country. Unemployment has remained high in the Philippines for the past years. Since unemployment means no job‚ it is usually believed to be the cause of poverty. Our government
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