UTILITY

Question 1

the usefulness or practical value of testing to Improve efficiency.

Answer 1

UTILITY

Question 2

Generally, the higher the
criterion validity of a test the greater the utility.

Answer 2

Psychometric Soundness

Question 3

One of the most basic elements of a utility analysis is the
financial cost associated with a test.

Answer 3

Cost

Question 4

We should take into account whether the benefits
of testing justify the costs of administering, scoring, and
interpreting the test.

Answer 4

Benefits

Question 5

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.

Answer 5

Utility Analysis

Question 6

tables provide an estimate of the
percentage of employees hired by the use of a particular
test who will be successful at their jobs, given different
combinations of three variables: the test’s validity, the
selection ratio used, and the base rate.

Answer 6

Taylor Rusell

Question 7

tables entail obtaining 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.

Answer 7

Naylor-shine