Which of the Following Statements About the Utility of Selection

question 20

Multiple Choice

Which of the following statements about the utility of selection devices is true?

• A)A valid test is all one needs to demonstrate the utility of a selection device.
• B)Ideally,companies should aim to have the highest selection ratio possible.
• C)The biggest possible gain in forecasting the accuracy of selection is when the baserate is between 0% and 40%.
• D)The best situation occurs when the baserate is 50% and the selection ratio is low.

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Definitions:

Labor Hours

The amount of time workers spend on the job, often measured in hours per day, week, or year.

Returns to Scale

The speed at which production levels rise due to a corresponding rise in all contributing factors.

Labor Hours

The total hours of work put in by workers or employees during a specified period.

Market Costs

Expenses incurred by companies during the production and distribution of goods or services in the marketplace.