Retaining Good Workers, Irrespective of Their Diverse Backgrounds, Is Becoming

question 29

Multiple Choice

Retaining good workers, irrespective of their diverse backgrounds, is becoming increasingly important because

• A) the younger workforce has lower educational qualifications.
• B) replacing experienced workers has become more costly.
• C) the number of monolithic organizations are increasing.
• D) the market demand for labor force is reducing.
• E) converting pluralistic organizations into monolithic organizations has become necessary.

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Definitions:

Mean Difference

Mean difference is the measure of the average discrepancy between two sets of numbers, often used in comparing the central tendencies of two samples.

Null Hypothesis

A statement that assumes there is no significant difference or effect and serves as the starting point for hypothesis testing.

Significance Level

A threshold in statistical hypothesis testing that measures the probability of rejecting the null hypothesis when it is true, commonly set at values like 0.05 or 0.01.

SRS

Simple Random Sampling, a method of sampling where every individual has an equal chance of being selected from a population.