1. Perormance Appraisal
... the slope or weight assigned through the multiple regression process to question n. The quality of the equation's fit to the data can be judged by measuring the standard error and the coefficient of determination. Usually, the multiple regression equation uncovers outlier points, or points with large variations between actual and predicted values. For these outlier points, ... Can tailor factors to organization's values Uses objective standards of measurement Efficient to use on an ongoing basis Statistically reliable Effectively blends market value, internal equity and ...
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- Approx Pages: 19
- Grade Level: High School