Which of the Following Circumstances Would Not Enhance the Precision

question 44

Multiple Choice

Which of the following circumstances would not enhance the precision of multiple regression as a method for assessing job applicants?

• A)Small number of predictors.
• B)Low correlations between predictor variables.
• C)High correlation of each predictor with the criterion.
• D)Small sample sizes.

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Definitions:

Standard Direct Labour Rate

The predetermined cost per hour for direct labor, used in budgeting and measuring operational efficiency.

Fringe Benefits

Additional compensation provided to employees beyond their normal wages or salaries, such as health insurance, retirement plans, and paid vacations.

Standard Costing System

An accounting method that assigns predetermined costs to goods and services, used to control costs and measure performance.

Fixed Overhead

Regular, ongoing expenses that do not vary with the level of production or sales, such as rent, salaries, and insurance.