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Organizations interact with their constantly changing environments.Which of the following is an environment factor that aids HR forecasters in predicting the demand for a particular job?
Probability
A value between 0 and 1 determining how likely an event is to occur, representing its probability.
Uniform Density
Refers to a probability distribution where all outcomes are equally likely within a certain range.
Probability
A statistical measure that quantifies the likelihood of a specific event occurring within a set of conditions or experiments.
Normal Model
A statistical model based on the Normal (or Gaussian) distribution, characterized by a symmetrical bell-shaped curve indicating data dispersion.
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