What Is a Selection Ratio

question 18

Multiple Choice

What is a selection ratio?

• A) The ratio of the number of interviews conducted to the total number of applicants
• B) The ratio of the total number of applicants hired to the total number of applicants
• C) The ratio of the cost per hire to the probability of turnover
• D) The ratio of the number of applicants passing the testing stage to the total number of applicants
• E) The ratio of the cost per hire to the company's total payroll cost

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Definitions:

Real Income

The income of an individual or group after adjusting for inflation, reflecting the true purchasing power of the income.

Farm Households

Families living and working on farms, typically involved in agricultural practices and production.

Prices Paid

The amount of money expended by consumers or businesses to purchase goods or services.

Acreage Allotments

Regulations or programs that set limits on the amount of land that can be used for the cultivation of certain crops, often to control supply and stabilize market prices.