A Training Program Costs $10,000 to Deliver and Produces a "Utility

question 66

True/False

A training program costs $10,000 to deliver and produces a "utility value" of zero. By definition, this program will break even.

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Definitions:

Empiricism

A theory that states knowledge comes only or primarily from sensory experience.

Knowledge

The understanding, awareness, or familiarity gained through experience or study.

Observation

Observation involves carefully watching, listening, and noting the characteristics or behavior of a subject or phenomenon without direct interaction or manipulation.

Systematic Tests

Systematic tests are structured methods used to evaluate or measure specific characteristics, abilities, or processes in a consistent and standardized manner.