How does the CREPID model use or constituent statistics? CREPID (Cascio-Ramos Estimate of Performance in Dollars) breaks
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How does the CREPID model use or constituent statistics? CREPID (Cascio-Ramos Estimate of Performance in Dollars) breaks down each employee\'s job into its principal activities, assigns a proportional amount of the annual salary to each principal activity, and asks supervisors to rate each employee\'s job performance on each activity. The ratings are then translated into dollar values for each activity. The sum of the dollar values across each activity equals the dollar value of each employee\'s job performance to the company. Please explain all the statisical methods used in the CREPID model.
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