When Using Assessment Centers to Predict Job Performance, Available Research

question 43

True/False

When using assessment centers to predict job performance, available research has shown an average validity coefficient of .37, which should be considered a low level of validity.

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Definitions:

Purely Competitive Seller

A seller in a market that has many buyers and sellers, with all firms selling identical products and no barriers to entry.

Marginal Revenue

The boost in revenue experienced by a company when it sells an extra unit of its goods or services.

Purely Competitive Firm

A company that operates in a market where there are many sellers and buyers, the products are homogeneous, and there is free entry and exit from the market.

Vertical Axis

The y-axis in a graph, which typically shows the range of values for the variable measured.