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 (D)</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 (D)</p> Signup and view all the answers

What is the primary goal of criterion-based assessment?

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

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

<p>Predictor (D)</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 (C)</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 (D)</p> Signup and view all the answers

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

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

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

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

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

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

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

<p>Utility analysis method (A)</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 (D)</p> Signup and view all the answers

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