Abstract 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
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Types of Variables Binary variable Obsevations (i.e.‚ dependent variables) that occur in one of two possible states‚ often labelled zero and one. E.g.‚ “improved/not improved” and “completed task/failed to complete task.” Categorical Variable Usually an independent or predictor variable that contains values indicating membership in one of several possible categories. E.g.‚ gender (male or female)‚ marital status (married‚ single‚ divorced‚ widowed). The categories are often assigned numerical
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Control Charts Control charts‚ also known as Shewhart charts are tools used to determine if a manufacturing or business process is in a state of statistical control. The control chart was invented by Walter A. Shewhart‚ (also known as the father of statistical quality control) while working for Bell Labs in the 1920s. The company’s engineers were seeking to improve the reliability of their telephony transmission systems. The engineers had realized the importance of reducing variation in a manufacturing
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Creating Graphs 1. Create a Pie Chart for the variable Car – Pull up Graph > Pie Chart and click in the categories variables box so that the list of variables will show up on the left. Now double click on the variable name ‘Car” in the box at the left of the window. Include a title by clicking on the “Labels…” button and typing it in the correct text area (put your name in as the title) and click OK. Click OK again to create graph. Click on the graph and use Ctrl+C to copy and come back here
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MULTIPLE CHOICE QUESTIONS (50%) 1. Temperature is an example of a variable that uses a. the ratio scale b. the interval scale c. the ordinal scale d. either the ratio or the ordinal scale 2. The nominal scale of measurement has the properties of the a. ordinal scale b. only interval scale c. ratio scale d. None of these alternatives is correct. 3. Statistical studies in which researchers control variables of interest are a. experimental studies b. control observational
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measurable data are being gathered and analyzed in quantitative research. Qualitative research focuses on gathering of mainly verbal data rather than measurements. Gathered information is then analyzed in an interpretative manner‚ subjective‚ impressionistic or even diagnostic. Here’s a more detailed point-by-point comparison between the two types of research: 1. Goal or Aim of the Research The primary aim of a Qualitative Research is to provide a complete‚ detailed description of the research
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Introduction According to Craig and Smyth (2002) cited in Boswell and Cannon (2010:Chapter) “Evidence-based practice has emerged from the desire of the majority of healthcare providers (both institutions and individual) to do what is right for the patient and what will result in more good than harm.” The Nursing Council of Hong Kong has devised a Code of Ethics for an accurate representation ofNurses’ ethical responsibilities since 1999. Code of Professional Conduct and Code of Ethics for Nurses
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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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Two Variable Inequality Katherine Courtney MAT221 Phil Le August 25‚ 2013 Inequalities are equations that can be used to determine not just what something could equal but what something cannot equal. It tells us what the relative size is of two values and if they are big or small‚ too much or not enough. Inequalities could make it easier to determine how much someone might need of something in order to make a certain amount of something‚ while also determining
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Measuring haemodynamic variables using different techniques and examining the effects of diving reflex‚ isometric muscle contraction and psychological stress on these variables. Introduction Haemodynamics is the study of factors that determine the movement of blood (Widmaier et al‚ 2011). The main haemodynamic factors are heart rate and blood pressure. Heart rate is defined as the number of times the heart contracts per minute. Normal resting heart rate in adults ranges between 60 – 100 beats
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