quiz image

Criterion-Related Validity in Predictive Modeling

MilaBobo avatar
MilaBobo
·
·
Download

Start Quiz

Study Flashcards

32 Questions

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

To understand the underlying characteristics of an individual

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

Criterion

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

Using inferences to make decisions

What is essential for establishing the validity of a test?

Establishing a relationship with other measures of the same factor of interest

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

Predictive validity

What is the primary goal of criterion-based assessment?

To determine the validity of a test

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

To determine if the test measures what it is meant to

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

Predictor

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

Criterion

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

To establish the test's accuracy

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

X ji ±( Z × [ S EM ] )

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

To assess the consistency of the test scores

What is convergence in the context of psychological measurement?

Measures of constructs that should and are related to each other

What is the purpose of establishing criterion-related validity?

To justify the inferences made from the predictor measures

What is discrimination in the context of psychological measurement?

Measures of constructs that shouldn't and aren't related to each other

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

Invalid test

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

Y' ± (z × Sest)

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

To determine the utility of a selection procedure

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

b = std.dev(y)/[std.dev(x) x rxy]

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

II/(II + III)

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

To calculate the confidence interval

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

To calculate the return on investment of a selection procedure

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

(II + IV)/(I + II + III + IV)

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

To evaluate the predictive validity of a test

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

To support constructs validity

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

Average increase per person × number of selected applicants × years

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

To estimate the standard deviation of job performance

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

Standard deviation of job performance

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

The use of mean performance versus standardized scores

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

The difference between the increase and costs of a selection procedure

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

Utility analysis method

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

To facilitate the comparison of applicants across different groups

This quiz covers the concept of criterion-related validity in predictive modeling, including its definition, establishing validity, and the importance of accurate predictions. It also touches on the consequences of invalid tests and unfair decisions.

Make Your Own Quizzes and Flashcards

Convert your notes into interactive study material.

Get started for free
Use Quizgecko on...
Browser
Browser