Table of contents

1. Introduction to Statistics53m
2. Describing Data with Tables and Graphs2h 1m
3. Describing Data Numerically1h 48m
4. Probability2h 26m
5. Binomial Distribution & Discrete Random Variables2h 55m
6. Normal Distribution & Continuous Random Variables1h 48m
7. Sampling Distributions & Confidence Intervals: Mean2h 8m
8. Sampling Distributions & Confidence Intervals: Proportion1h 20m
- Sampling Distribution of Sample Proportion
  35m
- Confidence Intervals for Population Proportion
  45m
9. Hypothesis Testing for One Sample2h 23m
10. Hypothesis Testing for Two Samples3h 25m
11. Correlation1h 6m
12. Regression1h 4m
13. Chi-Square Tests & Goodness of Fit1h 30m
14. ANOVA1h 4m

1. Introduction to Statistics

Intro to Stats

Statistics for Business

1. Introduction to Statistics

Intro to Stats

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Multiple Choice

Which of the following is an advantage of internal recruiting?

It eliminates the need for any training or development.

It always brings in new perspectives from outside the organization.

It can increase employee motivation and loyalty.

It guarantees a larger pool of applicants than external recruiting.

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Verified step by step guidance

Step 1: Begin by understanding the concept of internal recruiting. Internal recruiting refers to the process of filling job vacancies within an organization by promoting or transferring existing employees rather than hiring externally.

Step 2: Evaluate the advantages of internal recruiting. One key advantage is that it can boost employee motivation and loyalty, as employees see opportunities for growth and advancement within the organization.

Step 3: Analyze the incorrect options. For example, internal recruiting does not eliminate the need for training or development, as employees may still require skill enhancement for their new roles.

Step 4: Consider the option about new perspectives. Internal recruiting does not bring in new perspectives from outside the organization, as it focuses on existing employees.

Step 5: Review the option about the pool of applicants. Internal recruiting does not guarantee a larger pool of applicants compared to external recruiting, as it is limited to current employees.