The Mechanical Composite Strategy for Collecting and Combining Predictive Information

question 13

Multiple Choice

The mechanical composite strategy for collecting and combining predictive information is:

• A)one in which all information (both mechanical and judgmental data) is first mechanically combined into a prediction about the applicant's likely success; then this prediction is judged in the context of other information about the applicant.
• B)one in which data are collected mechanically but combined judgmentally.
• C)one in which data are both collected mechanically and combined mechanically.
• D)one that collects both judgmental and mechanical data and then combines them mechanically.

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Definitions:

Probability .70

A statistical measure indicating that an event has a 70% chance of occurring.

Mixed Strategy Equilibrium

A concept in game theory where players use a random mixture of actions in strategic games, ensuring that no player has an incentive to deviate from their strategy given the strategies of the other players.

Company Policy

A set of rules and guidelines created by a company to outline its operations, decision-making processes, and ethical standards.

Money Value

Refers to the purchasing power of money, indicating how much goods or services a unit of money can buy.