Applicant Test score Validity and Utility of Selection Procedures 1 2 6 2 3 Sales after three months on the job S4k $7k $ok $5K $2K S3K S4k 9 4 5 luo 5 3 6 Plot the data provided in the table to determine the proportion of correct decisions that will be made if the company decides to use the test in the future. Assume the company decides to hire anybody whose test score is 5 or above. Assume $5k in sales after three months on the job is the minimum acceptable for satisfactory performance, 7 1 7 co 9 5 8 9 10 11 12 4 8 2 $7k $4k $4k $8K $4 $52 $4k 33k SAK 13 4 14 4 16 4 6 117 O O O O 18 4 $2K 53K $8K $75 20 8 Correct and Incorrect Decisions $9k $8k Q1 02 $7k $6k $5k $4K $3k le 04 $2k $1k N 3 4 5 6 7 8 9 Validity and Utility of Selection Procedures 1. 2. 3. 4. 5. 6. Of the four quadrants depicted in the plot (i.e., Q1, Q2, Q3, Q4), which one represents "false positives'? Which one represents "false negatives? Why? Compare the number of applicants in Q2 and 23 against the number of applicants in Q1 and Q4, what does this comparison reveal about the validity of the test in this application? Why? How do you propose to evaluate the reliability of this test and why? How do you propose to evaluate the extent to which this test's validity study suffers from restrictions of range? What additional evidence of validity do you propose gathering and how? How do you propose to evaluate the ROI or utility of this test? What would be the impact of having larger differences between top and bottom performers on the utility of the test? Why? Do you propose combining this test with other procedures in the selection process? If so, which ones and why? Where in the sequence of the selection process (eg.. first, last) do you propose using this test and why? Do you propose a compensatory selection procedure (.e., that a low score on this test be superseded by a high score on other element of the selection procedure)? Why? What evidence would you propose to gather to better decide on the merits of this compensatory model? How do you propose to evaluate whether the test has an adverse impact on females and minority groups? 7. 8. 0. Applicant Test score Validity and Utility of Selection Procedures 1 2 6 2 3 Sales after three months on the job S4k $7k $ok $5K $2K S3K S4k 9 4 5 luo 5 3 6 Plot the data provided in the table to determine the proportion of correct decisions that will be made if the company decides to use the test in the future. Assume the company decides to hire anybody whose test score is 5 or above. Assume $5k in sales after three months on the job is the minimum acceptable for satisfactory performance, 7 1 7 co 9 5 8 9 10 11 12 4 8 2 $7k $4k $4k $8K $4 $52 $4k 33k SAK 13 4 14 4 16 4 6 117 O O O O 18 4 $2K 53K $8K $75 20 8 Correct and Incorrect Decisions $9k $8k Q1 02 $7k $6k $5k $4K $3k le 04 $2k $1k N 3 4 5 6 7 8 9 Validity and Utility of Selection Procedures 1. 2. 3. 4. 5. 6. Of the four quadrants depicted in the plot (i.e., Q1, Q2, Q3, Q4), which one represents "false positives'? Which one represents "false negatives? Why? Compare the number of applicants in Q2 and 23 against the number of applicants in Q1 and Q4, what does this comparison reveal about the validity of the test in this application? Why? How do you propose to evaluate the reliability of this test and why? How do you propose to evaluate the extent to which this test's validity study suffers from restrictions of range? What additional evidence of validity do you propose gathering and how? How do you propose to evaluate the ROI or utility of this test? What would be the impact of having larger differences between top and bottom performers on the utility of the test? Why? Do you propose combining this test with other procedures in the selection process? If so, which ones and why? Where in the sequence of the selection process (eg.. first, last) do you propose using this test and why? Do you propose a compensatory selection procedure (.e., that a low score on this test be superseded by a high score on other element of the selection procedure)? Why? What evidence would you propose to gather to better decide on the merits of this compensatory model? How do you propose to evaluate whether the test has an adverse impact on females and minority groups? 7. 8. 0