As the HR Manager at a Small Business, John Handles

question 6

True/False

As the HR manager at a small business, John handles most of his firm's recruiting efforts. Because John recruits for a small business he has a distinct advantage over larger competitor firms when it comes to finding the right people to fill his firm's needs.

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Definitions:

Empirical Rule

A statistical rule stating that for a normal distribution, nearly all of the data will fall within three standard deviations of the mean.

Median

The middle value in an ordered list of numbers, or the average of the two middle numbers when the list has an even number of observations.

Range

The difference between the highest and lowest values in a dataset, a simple measure of the spread or dispersion of the data points.

Standard Deviation

A statistical measure that quantifies the dispersion or spread of a set of data points.