When Tests Are Used to Make Decisions Regarding Personnel Selection,the

question 29

Multiple Choice

When tests are used to make decisions regarding personnel selection,the proportion of applicants who can be successful on the criterion is referred to as the:

• A)base rate.
• B)positive retention rate.
• C)negative retention rate.
• D)selection ratio.

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Definitions:

Equilibrium Price

The market price at which the quantity of a good supplied equals the quantity demanded, leading to a stable market condition.

Price Ceilings

Government-imposed limits on how high a price can be charged for a product or service, aimed at protecting consumers.

Ration Coupons

Documents or certificates that allow the holder to purchase a certain amount of a product, used especially during shortages to ensure fair distribution.

Government-mandated Increase

A requirement imposed by the government that results in a rise, often relating to wages, prices, or taxes.