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Scenario 6.2
Computer Direct Inc. is a mid-sized technology firm that specializes in designing, manufacturing, and selling computers. The organization staff complement is very diverse, and most of the company's employees are in the development and design, sales, and marketing departments. Computer Direct has been using only one method to make recruitment decisions for all of its employees, from managerial to technical to clerical. Data is gathered on each candidate, and a committee assigns scores to candidates based on its understanding of the job. Candidates, however, are not given the opportunity to be tested and hired based on their respective scores. Essentially, decisions are made based on personal judgments.
-Refer to Scenario 6.2. Which approach is considered superior and would best serve the needs of Computer Direct?
Sample Size
The number of observations or data points collected in a study.
Population Standard Deviation
The standard deviation of a population, representing the total variance within the entire population, not just a sample.
Non-Integer Value
A value that cannot be exactly represented as an integer, often including fractions or decimals.
Error of Estimation
The error of estimation is the difference between a population parameter and the estimated value of that parameter, reflecting the accuracy of the estimate.
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