External Recruitment Sources Are Usually Cheaper to Use Than Internal

question 321

True/False

External recruitment sources are usually cheaper to use than internal sources.

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Definitions:

Possible Outcomes

All the potential results that may arise from a specific set of circumstances or an experiment.

Binomial Distribution

A probability distribution that describes the number of successes in a fixed number of independent trials, with each trial having the same probability of success.

Variance

An indicator of how much a dataset varies or is spread out from the average value.

Independent Replications

Separate instances of running a simulation or experiment where the initial conditions or random elements are independently generated each time.