The HR Expense Factor Is Equal to

question 31

Multiple Choice

The HR expense factor is equal to .

• A)revenue minus operating expense minus compensation and benefit cost divided by the total number of full-time equivalents (FTE)
• B)revenue divided by the total number of full-time equivalents (FTE)
• C)advertising plus agency fees plus employee referrals plus travel costs of applicant plus relocation costs plus recruiter pay and benefits divided by number of hires
• D)total days elapsed to fill requisitions divided by the number hired
• E)HR expense divided by the total operating expense

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Definitions:

Statistics Students

Individuals engaged in the study of statistics, which includes the collection, analysis, interpretation, and presentation of data.

Frequency Distribution

A summary of data that shows the number of occurrences of each value or category of a variable.

Cumulative Frequency

The sum of a given frequency and all frequencies so far in a frequency distribution.

Cumulative Relative Frequency

A statistical measure showing the sum of the relative frequency of all values less than or equal to a specific value, often used to understand the distribution of data points within a dataset.