Jane Is Putting Together a Battery of Tests to Select

question 12

Multiple Choice

Jane is putting together a battery of tests to select employees for her company. She is already using a test of cognitive ability and a test of numerical reasoning. She is now considering adding a personality test as well. Which one of the following would be the best statistical procedure to help make a decision about whether to add the personality test?

• A) correlation
• B) simple linear regression
• C) multiple regression
• D) Cohen's kappa

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Definitions:

Departmental Overhead Method

A technique in accounting used to allocate overhead costs to specific departments based on relevant allocation bases such as direct labor hours or machine hours.

Volume-related Measures

Quantitative assessments related to the amount or size of something, especially used in the context of production and sales.

Overhead Costing Accuracy

The degree to which allocated overhead costs accurately represent the actual expenses incurred by the production process or specific products.

Plantwide Overhead Rate

An overhead allocation rate used throughout an entire plant or company to allocate indirect costs to products.