HR Professional Who Based Job Specifications on Statistical Analysis Rather

question 72

Multiple Choice

HR professional who based job specifications on statistical analysis rather than judgment should note that:

• A)statistical analysis involves examination of qualitative, rather than quantitative, data.
• B)neither approach is defensible.
• C)basing job specifications on statistical analysis is a more defensible approach.
• D)basing job specifications on judgment is a more defensible approach.

---

Definitions:

Mutual Funds

Investment vehicles comprising pooled funds of investors that are managed by professionals, investing across a range of asset classes for diversification.

Money Market Securities

Short-term financial instruments with high liquidity and minimal risk, such as Treasury bills and certificates of deposit.

Total Assets

The sum of all current and non-current assets owned by a company, reflecting its overall value.

Open-End Funds

Mutual funds that continuously issue new shares or redeem existing shares and do not have a fixed number of shares available for the public.