Chapter 7 utility Flashcards
(15 cards)
- refer to the usefulness of something or
some process. - it refers to how useful a test is.
- it refers to the practical value of using a
test to aid in decision making.
Utility
Factors that affect a test’s utility
a. Psychometric Soundness: means that a test
is reliable and valid.
b. Costs: refers to disadvantages, losses, or
expenses in both economic and noneconomic
terms.
c. Benefits: refers to profits, gains, or
advantages.
provide an estimate of
the extent to which inclusion of a particular test
in the selection system will improve selection.
Taylor-Russell Tables
is a numerical value
that reflects the relationship between the number of people to be hired and the
number of people available to be hired.
Selection Ratio
entails obtaining the
difference between the means of the selected and
unselected groups to derive an index of what the
test (or some other tool of assessment) is adding
to already established procedures.
Naylor-Shine Tables:
refers to an estimate of the
benefit (monetary or otherwise) of using
a particular test or selection method
Utility Gain:
used to
calculate the dollar amount of a utility gain
resulting from the use of a particular selection
instrument under specified conditions.
Brogden-Cronbach-Glester Formula:
refers to an
estimated increase in work output.
Productivity Gain
The percentage of a
population that truly has a certain trait
Base Rate
is about making choices
based on information and probabilities.
Decision Theory
The percentage of times a test
correctly identifies someone as having
the trait.
Hit rate
The percentage of times the
test fails to identify someone who has
the trait .
Miss rate
When the test
incorrectly identifies someone as having
the trait (saying they’re breathing when
they really aren’t).
False positive
designed to determine if
alive-and-well subjects are indeed breathing.
Vapor Test:
When the test
incorrectly identifies someone as not
having the trait (saying they’re not
breathing when they actually are).
False Negative: