This Performance Appraisal System Is Based on Employees and Supervisors

question 37

Multiple Choice

This performance appraisal system is based on employees and supervisors identifying on-the-job behaviors and behavioral outcomes that distinguish successful from unsuccessful performances.

• A)behaviorally anchored rating scales
• B)critical incident technique
• C)behavioral observation scales
• D)forced distribution system

Apply the concept of utility maximization to diverse goods to determine consumer choice.

Solve problems related to optimal consumption bundles under budget constraints.

Explain the paradox of value associated with utility and market prices.

Calculate marginal utility given total utility data.

---

Definitions:

Statistical Probability

The likelihood or chance of an event occurring, based on a scale from 0 to 1, where 0 indicates impossibility and 1 indicates certainty.

Level of Significance

A statistical measure that determines the threshold at which the null hypothesis is rejected, often denoted by alpha (α).

Null Hypothesis

A statistical presumption positing that there is no notable difference or impact.

Statistical Probability

A measure quantifying the likelihood that an event will occur, calculated based on statistical evidence.