A High Rate of Employee Turnover Indicates That ________

question 172

Multiple Choice

A high rate of employee turnover indicates that ________.

• A) employees of the organization leave their jobs frequently
• B) pay packages of employees are at par with that of the industry
• C) the employee retention ratio is also high
• D) employees also participate in the decision-making process

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Definitions:

Probability

Probability is the branch of mathematics that deals with the likelihood of a given event's occurrence, ranging between 0 (impossible event) and 1 (certain event).

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating the spread of data points.

Sampling Distribution

The distribution of probabilities for a certain statistic, originating from a random sample.

Normal Distribution

In this type of distribution, occurrences of data are more frequent near the mean and decrease in frequency as they move away from the mean, with the distribution being symmetric.