Examlex
Of the four categories of proficiencies necessary for HR managers, which one refers to traditional knowledge and skills in areas such as employee selection, training, and compensation?
Variance
A statistical measurement of the dispersion or spread in a set of data points, reflecting how much the numbers differ from each other and from the mean.
Probability
The measure of the likelihood that an event will occur, quantified as a number between 0 and 1, with 1 indicating certainty.
Penalties
Financial or other forms of punishment applied for violation of rules, laws, or contracts.
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