A CEO complains that the winners of his rookie junior executive of the year award often turn
Question:
A CEO complains that the winners of his “rookie junior executive of the year” award often turn out to have less impressive performance the following year. He wonders whether the award actually encourages them to slack off. Can you offer a better explanation?
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The winners may be suffering from regression to the mean Regression toward the mean implies th...View the full answer
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Nyron Beeput
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Related Book For 
Business Statistics
ISBN: 9780321925831
3rd Edition
Authors: Norean Sharpe, Richard Veaux, Paul Velleman
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