Assignment:
You are given the following information regarding the CAP test for clerical employees (clerk-2s) at the Berol Corporation:
Average tenure as a clerk-2: 7.26 years
Number selected per year: 120
Validity of the CAP test: 0.61
Validity of previously used test: 0.18
Cost per applicant of CAP: $35
Cost per applicant of old test: $18
SR: 0.50
Ordinate at SR: 0.399
SD, in first year: $34,000
Determine (a) the total utility of the CAP test, (b) the utility per selectee, and (c) the per-year gain in utility per selectee.
Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.