Weighted Application Blanks Use Qualitative Data to Help Make Decisions

question 25

True/False

Weighted application blanks use qualitative data to help make decisions regarding the likelihood that an applicant's response will be significantly related to higher performance on the job.

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Definitions:

Good X

"Good X" is a term used in economics to represent a hypothetical product or commodity being analyzed or discussed in theory or case studies.

Good Y

A hypothetical product used in economic models to discuss theories and principles.

Budget Constraint

A representation of all the combinations of goods and services that a consumer can afford to buy at given prices with their income level.

Income

Regular financial earnings from work or investment activities.