Jester Corporation Has a Training Program for All New Managers

question 166

Multiple Choice

Jester Corporation has a training program for all new managers.They spend three weeks in a formal classroom setting with other new managers and are then assigned a mentor.Only MBAs are hired for management jobs,since this is believed to be the level of qualifications necessary for job success. Jester Corporation's socialisation program appears to be:

• A)divestiture
• B)individualised
• C)serial
• D)informal

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Definitions:

Unbiased Estimator

A statistical estimator that, on average, accurately estimates the parameter of interest.

Sample Size

The number of observations or elements within a sample, crucial for achieving accurate and reliable statistics.

Parameter

A numerical characteristic that describes and summarizes an aspect of a population in statistics.

Unbiased Estimator

A statistical estimator whose expected value is equal to the parameter being estimated, indicating accuracy across samples.