Which of the Following Is Not a Reason Why a Mechanical

question 45

Multiple Choice

Which of the following is not a reason why a mechanical combination of data yield better results than a judgmental combination?

• A)The accuracy of prediction may depend on the proper weighting of predictors.
• B)Data on additional applicants are added to already available data, so more accurate statistical models can be created.
• C)Decision makers relying on judgment can do better than a statistical model only if they are thorough, objective, and systematic in both collecting and combining the information.
• D)Decision makers are more likely to add considerable error if they are allowed to combine judgmentally both subjective data along with objective data.

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Definitions:

Standard Hour Plans

Compensation systems where employees are paid a set rate for each hour worked, often with different rates for overtime hours.

Quality-Oriented Incentives

Rewards or bonuses given to employees for meeting or exceeding quality standards in their work.

Team Awards

Recognitions or rewards given to a group of employees for their collective performance, achievements, or contributions toward organizational goals.

Group Incentive

A reward system where a team of employees is financially compensated based on the achievement of certain predefined targets or goals.