Utility Flashcards
Usefulness or practical value of a test, training program, intervention
Utility
Factors that affect a test’s utility
psychometric soundness, costs, benefits
Family of techniques that entail a cost-benefit analysis designed to yield info relevant to a decision about the usefulness or practical value of a tool or assessment
Utility analysis
Ratio of benefits to costs
Ratio on investment
Increase base rate of successful performance that is associated with a particular level of criterion-related validity
taylor-russell tables
Facilitates decision making with regard to test use or recruitment to lower the selection ratio
taylor-russell tables
Likely average increase in criterion performance as a result of using a particular test or intervention
Naylor-shine tables
Facilitates decision making with regard to likely increase in performance with test use or recruitment needed to lower selection ratio
Naylor-shine tables
Refers to an estimate of the benefit (monetary) of using a particular test or selection method
The Brogden-Cronbach-Gleser formula/utility gain
Estimated increase in work output
Productivity gain
Reference point in scoring a test
cut score
Set with reference to the performance of a group
Relative cut score
Set with reference to a judgment concerning a minimum level of proficiency required to be included in a particular classification
Fixed cut score (absolute cut score)
Refers to the use of 2 or more cut score with reference to one predictor for the purpose of categorizing testtakers
multiple cut score
Achievement of a particular cut score in one test is necessary in order to advance to the next stage of evaluation in the selection process
Multiple hurdle