An Important Characteristic of an F Ratio Is That

question 51

Multiple Choice

An important characteristic of an F ratio is that:

• A)when looking up the cutoff on a table, the degrees of freedom are needed from the numerator, denominator, and the sum of squares calculation
• B)it is never less than 0
• C)it is negatively skewed (the long tail to the left)
• D)the standard t distribution (for 30 df)is used as a comparison distribution

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Definitions:

HR Forecasting

The process used in human resources planning to predict an organization’s future need for employees based on its business goals and strategies.

Attrition

The process of reducing an HR surplus by allowing the size of the workforce to decline naturally because of the normal pattern of losses associated with retirements, deaths, and voluntary turnover.

HR Surplus

A situation in which the organization has more human capital than it requires in order to meet its current or forecasted human capital requirements.

Workforce

The total number of a country's or an organization's employees, including both the staff and the workers.