Minimize error variance, Management Theories

Minimize Error Variance:

A third group of factors influencing the dependent variable are known as random variables because they are temporary factors which vary from situation to situation. Their influence is considered as error variance. There are a number of determinants of error variance for instance factors associated with individual differences among subject due to errors of measurement variation of response from one trial to another guessing momentary in attention temporary fatigue lapses of memory and transient emotional state of subjects. Minimization of error variance can be achieved through:

a. Measuring under controlled conditions and

b. By increasing the reliability of measure or measuring instruments.

Posted Date: 2/12/2013 5:44:13 AM | Location : United States

Related Discussions:- Minimize error variance, Assignment Help, Ask Question on Minimize error variance, Get Answer, Expert's Help, Minimize error variance Discussions

Write discussion on Minimize error variance
Your posts are moderated
Related Questions
CONTRIBUTIONS OF FREDERICK WINSLOW TAYLOR IN SCIENTIFIC MANAGEMENT THEORY F.W .Taylor is a most important figure in the history of management thoughts. He is known as the foun

Communication Channels: Communication channels are the basic physical terms by which you communicate your message to your future audience (e.g., memos, speeches, one-on-one me

Question 1: Discuss the application of the marketing mix concept to an effective online marketing strategy. Question 2: Good web content management and good internet ad

critically evaluate maslow''s need hierarchy and its applicability in indian set up.

Cost of Capital: The rate of return available in the marketplace on investments comparable both in conditions of risk and other investment characteristics, such as marketabili

Critically analyze Mr. Vincent?s reasoning.

Explain the steps to set data in logical order so that the business process may be defined. List the ingredients of a business process.

Private Sources: Trade Associations: Trade associations may be an excellent source of data pertaining to an industry. The trade association of one industry may exchange data