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The Employee Referral Method Is an Example of an Overused,high-Cost

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The employee referral method is an example of an overused,high-cost recruitment method.


Definitions:

Mean

The mean of a collection of numbers, determined by dividing the total sum of the values by the count of the values.

Population

The entire collection of individuals or items considered for a study, from which samples are drawn for statistical analysis.

Population Mean

The average of a set of values or measurements taken from the entire population of interest.

Sample

A subset of a population selected for measurement, observation, or questioning, to provide statistical information about the whole.

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