Criterion-Related Validity in Predictive Modeling
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Questions and Answers

What is the primary purpose of making inferences on an individual's underlying constructs or attributes?

  • To predict future job performance
  • To compare individuals with each other
  • To determine the validity of the test
  • To understand the underlying characteristics of an individual (correct)

    • What is the term for the outcome or result that a predictor variable is trying to forecast?

  • Criterion (correct)
  • Inference
  • Predictor
  • Attribute

    • What is the process of making decisions about people based on their test scores?

  • Inference making
  • Using inferences to make decisions (correct)
  • Predictive analytics
  • Test validation

    • What is essential for establishing the validity of a test?

    <p>Establishing a relationship with other measures of the same factor of interest</p> Signup and view all the answers

    What is the term for the relationship between variations in test scores and the hypothesized outcome?

    <p>Predictive validity</p> Signup and view all the answers

    What is the primary goal of criterion-based assessment?

    <p>To determine the validity of a test</p> Signup and view all the answers

    What is the purpose of analysing the measurements in inference making?

    <p>To determine if the test measures what it is meant to</p> Signup and view all the answers

    What is the term for the test conducted to predict a particular outcome?

    <p>Predictor</p> Signup and view all the answers

    What is the outcome as a result of the predictors used in a criterion-related validity assessment?

    <p>Criterion</p> Signup and view all the answers

    What is the purpose of correlating test scores with measures of success or outcomes of decisions in criterion-related validity?

    <p>To establish the test's accuracy</p> Signup and view all the answers

    What is the formula used to calculate confidence intervals in SEM?

    <p>X ji ±( Z × [ S EM ] )</p> Signup and view all the answers

    What is the purpose of calculating reliability using the split-half method?

    <p>To assess the consistency of the test scores</p> Signup and view all the answers

    What is convergence in the context of psychological measurement?

    <p>Measures of constructs that should and are related to each other</p> Signup and view all the answers

    What is the purpose of establishing criterion-related validity?

    <p>To justify the inferences made from the predictor measures</p> Signup and view all the answers

    What is discrimination in the context of psychological measurement?

    <p>Measures of constructs that shouldn't and aren't related to each other</p> Signup and view all the answers

    What is the outcome of ineffective and unfair decisions in the context of criterion-related validity?

    <p>Invalid test</p> Signup and view all the answers

    What is the formula for calculating the confidence interval in a predictive model?

    <p>Y' ± (z × Sest)</p> Signup and view all the answers

    What is the purpose of the Brogden-Cronbach-Gleser utility formula?

    <p>To determine the utility of a selection procedure</p> Signup and view all the answers

    What is the formula for calculating the regression coefficient (b) in a predictive model?

    <p>b = std.dev(y)/[std.dev(x) x rxy]</p> Signup and view all the answers

    What is the Success Ratio calculated from in a predictive model?

    <p>II/(II + III)</p> Signup and view all the answers

    What is the purpose of calculating the Standard Error of Estimate (Sest) in a predictive model?

    <p>To calculate the confidence interval</p> Signup and view all the answers

    What is the purpose of the Return on Investment (ROI) formula in a predictive model?

    <p>To calculate the return on investment of a selection procedure</p> Signup and view all the answers

    What is the formula for calculating the Overall Accuracy Ratio in a predictive model?

    <p>(II + IV)/(I + II + III + IV)</p> Signup and view all the answers

    What is the purpose of the Criterion-based Assessment in a predictive model?

    <p>To evaluate the predictive validity of a test</p> Signup and view all the answers

    What is the primary purpose of demonstrating convergence and discrimination in self-esteem and locus of control?

    <p>To support constructs validity</p> Signup and view all the answers

    In utility analysis, what is the formula for calculating the average monetary increase when average job performance is known?

    <p>Average increase per person × number of selected applicants × years</p> Signup and view all the answers

    What is the purpose of using the 40% rule in estimating the standard deviation of job performance (Sy)?

    <p>To estimate the standard deviation of job performance</p> Signup and view all the answers

    Which of the following is NOT a component of the utility equation when average job performance is known?

    <p>Standard deviation of job performance</p> Signup and view all the answers

    What is the primary difference between the utility analysis method with and without average job performance?

    <p>The use of mean performance versus standardized scores</p> Signup and view all the answers

    In the context of utility analysis, what does the term 'utility' refer to?

    <p>The difference between the increase and costs of a selection procedure</p> Signup and view all the answers

    Which of the following is a criterion-based assessment approach?

    <p>Utility analysis method</p> Signup and view all the answers

    What is the primary purpose of using standardized scores in utility analysis when average job performance is not known?

    <p>To facilitate the comparison of applicants across different groups</p> Signup and view all the answers

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