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In Multiple Regression Analysis,a Residual Is the Difference Between the Value

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In multiple regression analysis,a residual is the difference between the value of an independent variable and its corresponding dependent-variable value.


Definitions:

Realistic Job Preview

A technique used by organizations to give potential employees a truthful view of what working in a particular role or company would be like.

Referral

A recommendation from one individual to another about a job, service, or product. In a workplace context, it often relates to suggesting someone for a job position.

Return On Investment

A financial metric used to evaluate the efficiency or profitability of an investment, calculated by dividing the profit gained from an investment by its cost.

Yield Ratio

A ratio that expresses the percentage of applicants who successfully move from one stage of the recruitment and selection process to the next.

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