Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Answer with explanation IQ has a validity of r = .50. 100 people apply; 50 are qualified; 50 are hired. The end result is that

Answer with explanation

IQ has a validity of r = .50. 100 people apply; 50 are qualified; 50 are hired. The end result is that of the 50 people hired, 38 people are actually qualified.How much of the overall selection accuracy is due specifically to using the IQ test (i.e., what is the ROI / improvement in selection accuracy here due just to using IQ)?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: Ray Garrison, Theresa Libby, Alan Webb

9th canadian edition

1259269477, 978-1259269479, 978-1259024900

Students also viewed these Mathematics questions

Question

What are the need and importance of training ?

Answered: 1 week ago

Question

What is job rotation ?

Answered: 1 week ago