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Which of the Following Statements Is Correct

question 3

Multiple Choice

Which of the following statements is correct?

Acknowledge the demographic factors affecting HR management.
Understand the role of culture in management across different regions.
Recognize the potential of technology in transforming HR functions.
Understand the dynamic nature of external organizational environments and their impact on HR.

Definitions:

Critical Value

The threshold value that a test statistic must exceed to reject the null hypothesis in a statistical test, determined by the significance level of the test.

Significance Level

The probability of rejecting the null hypothesis in a statistical test when it is actually true, often denoted by alpha (α) and typically set at 0.05, 0.01, etc.

Sample Observation

An individual data point collected from a sample that is used for analysis and making inferences about the population.

Population Variance

A measure of the dispersion of all data points in a population from the population mean, indicating the diversity within the population.

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