The main two reasons for the companies to implement variable pay plan are: motivating employees and reducing cost. In this paper we try to point out the challenges the organizations might face when they apply variable pay system by reviewing related literature. We find that it is difficult for the company to have a reliable measure for the variable pay system. In addition‚ the focus of the variable pay plan should be on motivating employees or cutting cost and how to strike a balance between these two
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correlational study. A correlation is a shared relationship or connection between two or more things. A correlation can be either positive‚ negative‚ or zero. A positive correlation is when factors or variables moves directly of each other‚ meaning if one variable goes down‚ the other will as well and vice versa. A negative correlation is when factors or variables move inversely of each other‚ meaning if one variable goes up‚ then the other will go down and vice versa. When a correlation is zero‚ it means
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This paper will try to explain how there is a correlation between different parenting styles‚ different types of attachment and the different types of loving relationships -all according to different psychologists an their theories. It will try a prove it through interviews of two different cases‚ a person who has had a less fortunate childhood and a divorced marriage and a person who had a great childhood and a happy marriage. It will relate the two interviews back to the different theories and
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Group Assignment (Groups of five) a) Come up with a research topic b) From the topic indicate the following 1) The dependent variable 2) The independent variable 3) The extraneous variable 4) The Moderating variable 5) The Intervening Variable Research Topic Impact of a tattoo on a helping request‚ Strohmetz‚ D. B.‚ & Moore‚ M. P. (2003‚ March) A psychologist wondered how people would respond to people with tattoos‚ so he studied
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portray huge amounts of Ethnocentrism which operated internally on the minds of conquered societies as well as cultures. The eastern perception on the way of life degraded other traditions in order to uplift the status of their own beliefs. The correlation of Ethnocentrism led to the encouragement of Nationalism demonstrating the characterization of hubris. In the text Things Fall Apart‚ Chinua Achebe constructs an environment where the Ibo culture is socially and politically affected by the invasion
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The Spearman Correlation Coefficient remains one of the most important nonparametric measures of statistical dependence between two variables. The Spearman Correlation Coefficient facilitates the assessment of two variables using a monotonic function. This representation is only possible if the variables are perfect monotones of each other and if there are no repeated data values. This enables one to obtain a perfect Spearman correlation of either +1 or -1. The Spearman correlation coefficient nonparametric
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sheet? Explain. 7. “The variable cost per unit varies with output‚ whereas the fixed cost per unit is constant.” Do you agree? Explain. 8. Only variable costs can be differential costs. Do you agree? Explain. Part 2: Compulsory Section Problem 1 (15 marks) Richmond‚ Inc.‚ operates a chain of 44 department stores. Two years ago‚ the board of directors of Richmond approved a large-scale remodeling of its stores to attract a more upscale clientele. Before finalizing these plans‚ two stores were remodeled
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SPEARMAN’S RANK CORRELATION BY NILOY MAJUMDAR Table of Contents 1. INTRODUCTION 2. BIVARIATE DATA 3. ASSOCIATION AND CORRELATION 4. DEFINITION AND CALCULATION 5. RELATED QUANTITIES 6. INTERPRETATION 7. EXAMPLE 8. PEARSON’S PRODUCT-MOMENT CORRELATION COEFFICIENT 9. DETERMINING SIGNIFICANCE 10. CORRESPONDENCE ANALYSIS BASED ON SPEARMAN’S rho 11. REFERENCES 1. Introduction Rank correlation is used quite
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Pearson’s Correlation Coefficient Pearson’s correlation coefficients are the most widely used method of measuring the degree of relationship between two variables. This coefficient assumes the following: That there is a linear relationship between the two variables; That the two variables are casually related which means that one of the variables is independent and the other one is dependent; and A large number of independent causes are operating in both the variables so as to produce a
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VARIABLE COSTINGMorenike Onibon Liberty University Abstract Determining the actual valuation of manufactured assets has always been a major problem in the accounting field. The real controversy exist in the decision regarding which costs are relevant to future periods‚ and thus should be included in assets valuation‚ and which should not be charged against net income. An understanding of the relationship between costs‚ volume‚ and profit‚ enables management to set more realistic objectives for
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