The Simple Index P (Simple Price Index)can Be Calculated by ________

question 13

Multiple Choice

The Simple Index P (simple price index) can be calculated by ________.

• A)dividing a base-period price by a selected period price and multiplying the result by 100
• B)dividing a given period price by a base-period price and dividing the result by 100
• C)dividing a given period price by a base-period price and multiplying the result by 100
• D)calculating the simple average of the price relatives

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Definitions:

Work Sample Test

A pre-employment assessment tool that requires applicants to perform tasks or work activities that mirror those they would encounter in the job.

Selection Decision

The process of choosing the most suitable candidate for a job position based on evaluation and assessment.

Predictive Validity

The extent to which applicants’ test scores match criterion data obtained from those applicants/employees after they have been on the job for an indefinite period

Interview Format

The structured or unstructured layout of questions and interaction during a job interview.