Variation is:Question 15Answera.the grouping of jobs considered substantially equal for pay purposes.b.expressed as a percentage above the minimum of a pay range.c.a data point that falls outside the majority of the data points.d.the value obtained by adding the base wages of all employees in a survey.e.the distribution of rates around a measure of central tendency.
Question
Variation is:Question 15Answera.the grouping of jobs considered substantially equal for pay purposes.b.expressed as a percentage above the minimum of a pay range.c.a data point that falls outside the majority of the data points.d.the value obtained by adding the base wages of all employees in a survey.e.the distribution of rates around a measure of central tendency.
Solution
Variation refers to the distribution of rates around a measure of central tendency. This means that it is the degree to which data points in a statistical distribution or data set diverge from the average, or mean, value as well as the extent to which these data points differ from each other.
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