Which of the Following Is Most Frequently Used by Retailers

question 86

Multiple Choice

Which of the following is most frequently used by retailers to estimate short-term personnel needs?

• A) recruiting yield pyramids
• B) position replacement cards
• C) personnel replacement charts
• D) qualifications inventories
• E) computerized forecasting programs

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Definitions:

Chi-Square

A statistical test used to determine if a significant relationship exists between two variables in a contingency table.

Values Expected

The anticipated or predicted outcomes based on specific conditions or data.

Chi-Square Test

A statistical test used to determine the likelihood of observed frequencies in a categorical dataset differing by chance from expected frequencies.

Nominal and Ordinal

Pertaining to the types of data measurement scales; nominal scale categorizes data without a numerical order, while ordinal scale organizes data in a specific, ranked order.