Blake Is the HR Director for a Professional Sports Team

question 94

Multiple Choice

Blake is the HR director for a professional sports team. She is looking for a test that measures general cognitive ability. Which of these would meet Blake's needs?

• A)Mental Measurements Test
• B)Test of Mechanical Concepts
• C)Purdue Pegboard test
• D)Wonderlic Personnel Test

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Definitions:

Correlation Coefficient

A statistical measure that calculates the strength and direction of a linear relationship between two variables, ranging from -1 to 1.

Diversification

A strategy to reduce risk by allocating investments among various financial instruments, industries, and other categories.

Nonsystematic Risk

The part of an investment's risk that is attributable to firm-specific or industry-specific factors and can be mitigated through diversification.

Volatility

A statistical measure of the dispersion of returns for a given security or market index, often used to quantify the risk of the security or market.