Exam 3 Flashcards
Be able to calculate, understand, and interpret z scores.
Z-Score = (raw score – mean) / standard deviations
- The z-score is essentially a calculation of how many standard deviations a raw score is away from the mean
Why are measurement and statistics so important to staffing?
Because talent analytics are based on scores which are obtained from measures
What are the four scales of measurement?
- Nominal
- Ordinal
- Interval
- Ratio
Nominal scale
exist when the scores represent simple categories but provide no additional information
- Ex. Gender, race, or country
- Scores only tell us which category something is from
Ordinal scale
provide slightly more information, telling us about category membership and rank order
- Ex. Forced-ranking performance assessment programs, school grades, or “top ten cities”
- These scales don’t tell us whether the differences between each rank are the same
Interval scale
account for both rank order and ensures the differences between each rank order are the same
- Ex. Common 5-point or 7-point scales used in surveys and performance management systems
- These scales do not have a true zero
Ratio scale
possess all the characteristics of an ordinal scale, but also include a true zero point
- Ex. Money, temperature, or weight
Understand why scales that provide more information are more valuable for staffing.
the more information provided by a measure, the more insight that we have into the concept, the better distinctions we can make, and the more sophisticated analytical models can be used to make predictions
Describe how correlations are used in selection to estimate criterion-related validity?
- correlation measures the relationship between 2 variables and is used to assess validity to evaluate how accurately a test measures the outcome it was designed to measure (between a predictor and outcome)
- concurrent = present
- predictive = future
What is selection?
refers to the strategies, processes, methods, and practices used to assess applicants on the job- and organizationally related KSAOs
Why is selection strategically valuable? (S.I.C.E.E)
- it shapes the nature of talent resources
- implements the firm’s strategy to drive competitive advantage
- changes or reinforces the company culture
- effects of selection are difficult and costly to duplicate
- enhances analytics and quantitative insights
What is the basic logic of selection?
A process to assess those applicants in order to determine who meets or exceeds qualification standards and thus should receive job offers
How is “selection” a bet on the future?
Based on the incomplete and imperfect information available today
What is validity?
Accuracy- are you measuring what you’re actually trying to measure?
What are the 3 types of validity?
- criterion-related
- content
- construct
Criterion-related validity
- Empirical relationship between predictor and outcome (criterion) variables. Usually estimated using correlation/regression
- Ex. Wanting to know if a college entrance exam will predict future academic performance… first semester GPA would serve as a criterion-related variable since it is an accepted example of academic performance.
Content validity
- Expert judgment about the conceptual overlap between predictors and outcomes
- how well a test covers all of the relevant parts of the construct it aims to measure
- Ex. Taking a driving test to obtain your driver’s license
Construct validity
- Whether scores on some assessments represent the underlying attribute they are intended to represent.
- Ex. A measurement of the human brain; to measure intelligence
What are predictors?
(selection methods)
- Provide scores about latent talent used for predicting performance outcomes
- Ex. Sign and samples
What is criteria?
Standards to measure candidates to determine whether or not they have the qualifications to perform the job
How are predictors and criteria related?
To determine the quality of hire
What are the 7 steps of selection?
1- identify desired talent
2- ensure compliance w/ legal and political guidelines
3. determine cultural influences
4. determine selection methods
5. structure the selection process to balance trade-offs
6. make selection decisions
7. evaluate the selection process
What are the 2 predictor methods?
- sign; homogeneous
- sample; heterogeneous
Sign KSAOs
homogeneous
- cognitive ability
- knowledge and skill
- personality
- work interests, styles, and values
- biodata
- fit
- situational judgment test
Sample KSAOs
heterogeneous
- situational judgment test
- interviews
- assessment centers
- work samples
- simulations