What Does a Selection Ratio of .9 Mean

question 84

Multiple Choice

What does a selection ratio of .9 mean?

• A) It means 90 percent of the applicants applying to the position will be hired.
• B) It means 10 percent of the applicants applying to the position will be hired.
• C) It means 9 percent of the applicants applying to the position will be hired.
• D) It means 1 percent of the applicants applying to the position will be hired.

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Definitions:

Regulating

The process of controlling or governing according to rules or principles, often carried out by a governmental body.

Price Discount

A reduction from the usual cost of an item or service, used as a strategy to increase customer purchases or reduce inventory.

Anticipation Inventory

Stocks held in anticipation of customer demand, allowing companies to meet consumer needs without delay.

Larger Quantities

Refers to the acquisition or production of goods or services in high volumes, typically achieving economies of scale.