strategies for decision-making Flashcards
the information must be _ to reach a selection decision
combined
predictions of _ (2) were significantly less _ than predictions made using more _, mechanical means
human behaviour, accurate, formal
avoid using _ in combining data
judgment
use selection procedures that _ the role of _ judgement
minimize, decision-maker
_ (2) shows the _ (3) between two or more predictors and a criterion
multiple regression, maximum linear association
multiple regression has 2 assumptions:
- predictors are _ related to the criterion
- predictors are _ and can _ for one another
linearly, additive, compensate
advantages of multiple regression:
- _ errors in prediction
- _, and can be _ to handle other forms of data
minimizes, flexible, modified
disadvantages of multiple regression:
- if a _ (3) is used to determine regression weights, _ (2) of weights may _, making _ essential
- requires preliminary _ to prevent costs from the large applicant pool
small sample size, standard errors, increase, cross-validation, screening
top-down selection: applicants’ scores are _ from highest to lowest, may result in _ (2)
rank-ordered, adverse impact
cutoff scores: applicants scoring _ the cutoff score are _, _ plays a role in choosing the method for setting the cutoff score
below, rejected, judgment
_ cutoff scores: all predictors are scored on a _ basis, applicants are rejected if any one of their predictor scores falls _ a minimum cutoff score
multiple, pass-fail, below
multiple cutoff scores method assumes predictors are not _
compensatory
advantages of multiple cutoff scores:
- _ the applicant pool into a smaller subset who are all _ (2)
- _ to explain to managers
narrows, minimally qualified, easy
disadvantages of multiple cutoff scores:
- have to use _ predictors, may be _ if a large pool
- only identifies applicants _ (2), no way to _ them
all, costly, minimally qualified, rank-order
multiple hurdles: each applicant must _ (2) cutoff or hurdle for each predictor before going to the next, if not, they are dropped from _ (2)
meet minimum, further consideration
_: a combination of a hybrid of the _ and _ approaches
combination, multiple-cutoff, multiple-regression
combination method more _ than the multiple-hurdle approach
costly
combination method most appropriate when _ (2) are reasonable and predictors _ and size of applicant pool not too _
multiple cutoffs, compensatory, large
banding can address _ (2)
adverse impact
bands established using (a) _ (4) method, (b) standard error of _
standard error of measurement, differences
_ bands use the top applicant score as the _ (2)
fixed, starting point
sliding bands also based on _ applicant’s score, then the band is _ using the _ highest score, _
top, recalculated, next, sequential
banding allows for more _ in hiring decisions
flexibility
banding allows employers to choose more _ but can lead to loss of _ (2)
minorities, economic utility
assessment centres involve assessing performance using a number of _ and _
tools, activities
_ (2) at the assessment centres involves _ the scores of each candidate with other _ to reach a _ (2)
wash up, discussing, assessors, final decision
a _ can be used to _ participants’ scores and this enables _ to be made between participants
matrix, summarize, comparisons
adverse impact is the _ in _ (2) for different groups
difference, success rates
_ (2) provides specific mechanisms for reducing _ and improving _ of particular discriminated demographic groups
affirmative action, under-representation, opportunities
_ is the act of _ a certain number/percentage of _ for qualified _ (3)
quotas, reserving, positions, minority group members