A Validity Study Is a Statistical and Scientific Method of Seeing

question 5

True/False

A validity study is a statistical and scientific method of seeing whether a selection device does predict job performance.

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Definitions:

Equity Carve-Out

A strategy where a company sells a percentage of an operating unit's stock to outside investors.

IPO

Initial Public Offering, the process by which a private company becomes publicly traded on a stock exchange by offering its shares for sale to the public for the first time.

Subsidiary

A business that is either fully or partially owned and controlled by another entity, referred to as the parent company.

Tender Offer

A tender offer is a public, open offer or invitation (usually made by a company or investor) to all shareholders of a publicly traded corporation to tender their stock for sale at a specific price during a certain time period.