Chapter 7: utility Flashcards
The practical value of testing to improve efficiency
utility
factors affecting utility
psychometric soundness: the higher the criterion-related validity of the test scores, the higher the utility of the test
T or F: valid tests are not always useful tests
true
2 factors affecting utility
- cost
- benefit
One of the most basic elements of utility analysis is the financial cost associated with a test
cost
The benefits of testing should be weighted against the costs of administering, scoring, and interpreting the test
benefits
A family of techniques that entail a cost–benefit analysis designed to yield information relevant to a decision about the usefulness and/or practical value of a tool of assessment
utility analysis
endpoint of a utility analysis
yields an educated decision as to which of several alternative courses of action is most optimal (in terms of costs and benefits)
An assumption is made that high scores on one attribute can “balance out” or compensate for low scores on another attribute
compensatory model of selection
The likelihood that a test taker will score within some interval of scores on a criterion measure
expectancy data
Provide an estimate of the percentage of employees hired by the use of a particular test who will be successful at their jobs
taylor-russell tables
different combinations of three variables in taylor-russell tables
- test’s validity
- selection ratio used
- base rate
help obtain the difference between the means of the selected and unselected groups to derive an index of what the test (or some other tool of assessment) is adding to already established procedures
naylor-shine tables
T or F: For both Taylor-Russell and Naylor-Shine tables, the validity coefficient comes from concurrent validation procedures
true
used to calculate the
dollar/peso amount of a utility gain resulting from the use of a particular selection instrument under specified conditions
brogden-cronbach-gleser formula
practical considerations
- the pool of job applicants
- the complexity of the job
- cut off score
Some utility models are based on the assumption that that there will be a ready supply of viable applicants from which to choose and fill positions
the pool of job applicants
The same kind of utility models are used for a variety of positions, yet the more complex the job, the bigger the difference in people who perform well or poorly
the complexity of the job