Exam 11: Decision Making

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Practical significance is the sign of a correlation coefficient.

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In general,the greater the correlation of a given predictor with other predictors of a criterion,the more useful the predictor will be.

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A significance level of p < 0.05 in a validity study means __________.

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If an organization wish to comply with the law and still increase the diversity of its workforce,it should ____________.

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The most fundamental concern regarding utility analysis is that it lacks realism.

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Research suggests that managers prefer the results of utility analysis to the presentation of simple validity coefficients.

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It is desirable that the denominator of a selection ratio be small.

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A significance level of p < 0.05 means that there are fewer than 5 chance in 100 of concluding there is a relationship in the population of job applicants,when in fact,there is not.

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If adverse impact occurs because of certain selection procedures,these procedures may be justified under UGESP through validity studies.

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When using ____________,finalists are banded together into rank-ordered categories.

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The selection ratio is the number of people hired divided by the number of applicants,and it is desirable that this ratio be high.

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Employees are most likely to be involved in hiring decision making if they are organized in ___________.

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Under which circumstances is "hiring success gain" likely to be optimal?

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The usefulness of a predictor is determined by the value it adds to the prediction of job success above and beyond the forecasting powers of other available predictors.

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Multiple regression will be more precise than unit weighting if there is a small number of predictors,low correlations between predictors,and a large sample.

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A compensatory approach to selection decisions means that applicants must earn a passing score on each predictor before advancing in the selection process.

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Ongoing hiring is most common in organizations with very high turnover rates.

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If an HR specialist is assessing the usefulness of predictors in forecasting job success,and it is noted that a given predictor has both high validity and high adverse impact,the HR specialist should conclude ___________.

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In assessing cutoff scores,a "false positive" is an applicant who is assessed as not likely to succeed,but who would have been successful if hired.

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The _________ approach means that selection decisions means that scores on one predictor can make up for low scores on another.

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