________ is the process of quantifying how much one variable's set of features or characteristics are possessed in another variable
A) Reliability
B) Sampling
C) Validity
D) Measurement
E) Coding
D
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Answer the following statements true (T) or false (F)
1. Interviews with people who currently hold a job is part of a job analysis for that position. 2. A job description describes the minimum qualifications a person must have to perform the job successfully. 3. The process of writing job analyses, descriptions, and specifications often helps you to hire people who are overqualified. 4. A human resource inventory organizes information for assessing which of your current employees are promotable and what kind of training your organization might have to do.
Which of the following statements does not describe how retailers use a customer lifetime value (CLV)?
A. Sophisticated statistical methods are typically used to estimate the future contributions from past purchases. B. CLV is used to identify and cater to the best and more profitable customers. C. A customer who spends $800 twice a year has a higher CLV than a customer that spends $100 each month. D. An RFM analysis is often used by catalog retailers and direct marketers in estimating their customers' lifetime value. E. CLV should be estimated under the assumption that the customer's future purchase behaviors will be the same as they have been in the past.
Even though customers' needs are constantly changing, once the service desk has developed effective processes, they will continue to be effective; analysts just need to focus on keeping their technical skills up to date.
Answer the following statement true (T) or false (F)
The product failure rate FR(%) is the percent of failures among the total number of products tested
Indicate whether the statement is true or false