Statistical Decision-Making Quiz

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15 Questions

Why are statistical or mechanical decision-making strategies considered superior to clinical decisions?

They are based on an objective decision-making statistical model

Why is the appropriate weighting of predictors important in statistical models?

To improve the accuracy of predictions

What is the advantage of allowing decision-makers to incorporate additional evidence on candidates in statistical methods?

It can further improve the predictive accuracy of future performance of candidates

What does a mechanical synthesis or bootstrapped expert weighting approach allow experts to have?

The final say and a greater sense of control over the decision-making process

What is the purpose of a mechanical synthesis or bootstrapped expert weighting approach?

To allow experts to have a greater sense of control over the decision-making process

What does the mechanical synthesis approach allow the expert to provide?

Ideas

What is the advantage of allowing experts to have a sense of control over the decision-making process?

It allows experts to still experience a sense of control without compromising on validity

What method of combining information could increase accuracy in personnel decisions, as mentioned by Yu and Kuncel (2020)?

Simple sums

In Table 6.2, what do the first four rows reflect?

Simple sums (unit weighting)

What is the total score out of 30 for Applicants A to C when unit weighting is applied?

$ ext{Total score} = ext{General mental ability} + ext{Conscientiousness} + ext{Interest congruence}$

What does interest congruence reflect in the context of job applicants?

The fit between an applicant's naturally held interests and the interest profile of the job

When might it be meaningful to give a measure of cognitive ability a higher weighting, according to Salgado & Moscoso (2019)?

When the job is higher in complexity

What is the standard deviation of the scores in Table 6.2?

2

What is the mean of the scores in Table 6.2?

5.5

Where can the interest profile of a job be obtained from, according to Nye et al. (2012)?

O*Net

Test your knowledge of statistical decision-making with this quiz. Explore the benefits of using statistical models for selection decisions and understand how they compare to human decision-making processes.

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