Is a Job Evaluation Method That Assigns a Number to Each

question 6

Multiple Choice

is a job evaluation method that assigns a number to each job, based on compensable factors that are numerically scaled and weighted.

• A)Point method
• B)Alternation ranking method
• C)Simple ranking method
• D)Paired comparison method
• E)Classification method

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Definitions:

P-Value

A measure in statistics that helps to determine the significance of results from a hypothesis test, indicating whether the observed data are improbable under the null hypothesis.

Explanatory Variable

A variable in a statistical model that is believed to cause or influence the response variable.

Indicator Variable

A binary variable that takes the value of 0 or 1 to indicate the absence or presence of some categorical effect that may be expected to shift the outcome.

Logistic Regression

A statistical method used for binary classification that estimates the probability of a binary response based on one or more predictor variables.