According to a WorldatWork Survey, the Primary Method of Job

question 7

Multiple Choice

According to a WorldatWork survey, the primary method of job evaluation is _____.

• A)ranking
• B)market pricing
• C)the point method
• D)the classification method

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Definitions:

Expected Value

The long-term average or mean of a random variable over many trials or occurrences.

Sampling Distribution

The arrangement of probability for a specific statistic, following the analysis of a randomly selected sample.

Sampling Distribution

The probability distribution of a given statistic based on a random sample, used to make inferences about the population from which the sample was drawn.

Sample Proportion

The quotient of the number of times an event occurs in a sample to the total number of observations in the sample.