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TABLE 2-6
A sample of 200 students at a Big-Ten university was taken after the midterm to ask them whether they went bar hopping the weekend before the midterm or spent the weekend studying, and whether they did well or poorly on the midterm. The following table contains the result.
-Referring to Table 2-6, if the sample is a good representation of the population, we can expect _____percent of those who did poorly on the midterm to have spent the weekend studying.
Human Resources Demand
The projected need for additional employees in an organization, based on its future business activities, growth plans, and strategic objectives.
HR Gap
The difference between the current capabilities of an organization's human resources and the skills and competencies needed to achieve strategic objectives.
Human Capital
Human Capital represents the skills, knowledge, and experience possessed by individuals, considered in terms of their value to an organization.
Skills Gap
A situation in which the supply of a particular form of human capital available to the firm is inadequate to address the demand.
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