What Is the Least Expensive and Best Alternative If You

question 14

Multiple Choice

What is the least expensive and best alternative if you only have a few employees to be trained?

• A)Hiring a consultant
• B)Purchasing a pre?packaged program
• C)Implementing and designing your own training program
• D)Sending trainees to outside seminars
• E)Waiting until you have enough employees who require training,then hiring a consultant

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Definitions:

Significance Level

The significance level, often denoted by alpha, is the probability of rejecting the null hypothesis when it is actually true, used as a threshold in hypothesis testing.

Typing Speeds

The rate at which an individual can type, usually measured in words per minute (WPM).

Population Distributions

Refers to the spread of characteristics or variables within a group, showing how often each value occurs.

Degrees Of Freedom

Degrees of freedom refer to the number of independent values or quantities which can be assigned to a statistical distribution, while still adhering to a given constraint.