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New paper-and-pencil test to screen job applicants

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You are looking to implement a new paper-and-pencil test to screen job applicants. Last year, you processed 50 applicants. The test will cost $40 per applicant, but you are told it will improve the success rate by 10 percent so that you would have saved $4,000 last year. What is the ROI?

Reference no: EM132234556

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