Applicants Who Did Not Score Well on a Predictor and Hence

question 24

Multiple Choice

Applicants who did not score well on a predictor and hence were not predicted to be successful on the job but who,in fact,turned out to be successful fall into quadrant(s) which are referred to as:

• A)true positive
• B)false negative
• C)true negative
• D)false positive
• E)B or C depending on the situation

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Definitions:

Penetration Pricing

A pricing strategy where the price of a product is initially set low to rapidly reach a wide fraction of the market and stimulate product adoption.

Above-market Pricing

Setting the price of a product or service higher than the prevailing market price, often as a strategy to signal superior quality or exclusivity.

Swedish Company

A business entity that is registered and operates within Sweden, adhering to the country's regulatory and business environment.

Prestigious Appliances

High-end home appliances that are revered for their quality, performance, and brand reputation.