Podcast
Questions and Answers
What is the primary purpose of making inferences on an individual's underlying constructs or attributes?
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?
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?
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?
What is essential for establishing the validity of a test?
What is the term for the relationship between variations in test scores and the hypothesized outcome?
What is the term for the relationship between variations in test scores and the hypothesized outcome?
What is the primary goal of criterion-based assessment?
What is the primary goal of criterion-based assessment?
What is the purpose of analysing the measurements in inference making?
What is the purpose of analysing the measurements in inference making?
What is the term for the test conducted to predict a particular outcome?
What is the term for the test conducted to predict a particular outcome?
What is the outcome as a result of the predictors used in a criterion-related validity assessment?
What is the outcome as a result of the predictors used in a criterion-related validity assessment?
What is the purpose of correlating test scores with measures of success or outcomes of decisions in criterion-related validity?
What is the purpose of correlating test scores with measures of success or outcomes of decisions in criterion-related validity?
What is the formula used to calculate confidence intervals in SEM?
What is the formula used to calculate confidence intervals in SEM?
What is the purpose of calculating reliability using the split-half method?
What is the purpose of calculating reliability using the split-half method?
What is convergence in the context of psychological measurement?
What is convergence in the context of psychological measurement?
What is the purpose of establishing criterion-related validity?
What is the purpose of establishing criterion-related validity?
What is discrimination in the context of psychological measurement?
What is discrimination in the context of psychological measurement?
What is the outcome of ineffective and unfair decisions in the context of criterion-related validity?
What is the outcome of ineffective and unfair decisions in the context of criterion-related validity?
What is the formula for calculating the confidence interval in a predictive model?
What is the formula for calculating the confidence interval in a predictive model?
What is the purpose of the Brogden-Cronbach-Gleser utility formula?
What is the purpose of the Brogden-Cronbach-Gleser utility formula?
What is the formula for calculating the regression coefficient (b) in a predictive model?
What is the formula for calculating the regression coefficient (b) in a predictive model?
What is the Success Ratio calculated from in a predictive model?
What is the Success Ratio calculated from in a predictive model?
What is the purpose of calculating the Standard Error of Estimate (Sest) in a predictive model?
What is the purpose of calculating the Standard Error of Estimate (Sest) in a predictive model?
What is the purpose of the Return on Investment (ROI) formula in a predictive model?
What is the purpose of the Return on Investment (ROI) formula in a predictive model?
What is the formula for calculating the Overall Accuracy Ratio in a predictive model?
What is the formula for calculating the Overall Accuracy Ratio in a predictive model?
What is the purpose of the Criterion-based Assessment in a predictive model?
What is the purpose of the Criterion-based Assessment in a predictive model?
What is the primary purpose of demonstrating convergence and discrimination in self-esteem and locus of control?
What is the primary purpose of demonstrating convergence and discrimination in self-esteem and locus of control?
In utility analysis, what is the formula for calculating the average monetary increase when average job performance is known?
In utility analysis, what is the formula for calculating the average monetary increase when average job performance is known?
What is the purpose of using the 40% rule in estimating the standard deviation of job performance (Sy)?
What is the purpose of using the 40% rule in estimating the standard deviation of job performance (Sy)?
Which of the following is NOT a component of the utility equation when average job performance is known?
Which of the following is NOT a component of the utility equation when average job performance is known?
What is the primary difference between the utility analysis method with and without average job performance?
What is the primary difference between the utility analysis method with and without average job performance?
In the context of utility analysis, what does the term 'utility' refer to?
In the context of utility analysis, what does the term 'utility' refer to?
Which of the following is a criterion-based assessment approach?
Which of the following is a criterion-based assessment approach?
What is the primary purpose of using standardized scores in utility analysis when average job performance is not known?
What is the primary purpose of using standardized scores in utility analysis when average job performance is not known?