limits of averages
What limits of averages means in Business A-Level, as defined for AQA.
Definition of limits of averages
Check what you remember
Read the wording for your board, then hide it and explain limits of averages in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Averages hide the problem, since an overall leaving rate of fifteen percent can conceal a rate three times that on one shift.
Topics that use limits of averages
- Analysing human resource performance (AQA A-Level)
Related terms
- exit interviews
- internal labour supply
- labour turnover
- workforce planning
- employee costs as a percentage of turnover
- labour cost per unit
Using limits of averages in the exam
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