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The Degree to Which the Selection Method Provides Economic Value

question 44

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The degree to which the selection method provides economic value greater than its cost refers to:


Definitions:

Major Job Functions

The primary duties and responsibilities that define a specific job or position within an organization.

Criterion-Related

A term related to validation methods that assess the effectiveness of a tool or process by comparing it with a predefined criterion or standard.

Selection Test Validity

The extent to which a test accurately measures what it is intended to measure in the context of selecting candidates for a job.

Empirical Data

Information obtained through observation, experimentation, or experience, rather than through theory or pure logic.

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