Psychological Testing: Chapter 7: Utility
This flashcard set covers the concept of utility, focusing on the practical value and cost-effectiveness of psychological testing. It includes key considerations like psychometric soundness, financial costs, and resource allocation necessary for effective implementation of testing procedures.
Utility
Usefulness or practical value of testing to improve efficiency; used to refer to the usefulness or practical value of a training program or intervention
Key Terms
Utility
Usefulness or practical value of testing to improve efficiency; used to refer to the usefulness or practical value of a training program or interve...
Psychometric Soundness
Reliability and valibidy of a test; reliability and validity coefficients are acceptably high
Costs
Financial cost of the selection device under study; expenditures associated with testing or not testing
Allocation of Funds is Needed to Purchase
A particular test
A supply of blank test protocols
Computerized test processing, scoring, and interpretation from the test publisher or some ...
Associated Costs of Testing
Payment to professional personnel and staff associated with test administration, scoring, and interpretation
Facility rental, mortgage, and/or o...
Benefits
Profits, gains, or advantages accrued from testing
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| Term | Definition |
|---|---|
Utility | Usefulness or practical value of testing to improve efficiency; used to refer to the usefulness or practical value of a training program or intervention |
Psychometric Soundness | Reliability and valibidy of a test; reliability and validity coefficients are acceptably high |
Costs | Financial cost of the selection device under study; expenditures associated with testing or not testing |
Allocation of Funds is Needed to Purchase | A particular test |
Associated Costs of Testing | Payment to professional personnel and staff associated with test administration, scoring, and interpretation |
Benefits | Profits, gains, or advantages accrued from testing |
Examples of Noneconomic Benefits in Industrial settings | Increase in quality of workers’ performance |
Utility Analysis | Broadly defined as 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 |
Family of Techniques | Utility analysis is an umbrella term covering various possible methods, each requiring various kinds of data to be inputted and yielding arious kinds of output |
Utility Analysis Undertaken for the Purpose of Evaluating a Test and make decisions regarding whether | One test is preferable to another test for use for a specific purpose |
Utility Analysis Undertaken for the Purpose of Evaluating a Training Program or Intervention will help make decision regarding whether | One training program is preferable to another training program |
General Aproaches to Utility Analysis | Expectancy Data Brogden-Cronbach-Gleser Formula |
Expectancy Data | Will show that a test is working as it should and, by instituting this new test on a permanent basis, the company could reasonably expect to improve its productivity |
Expectancy Table | Provides an indication of measure - an interval that may be categorized as parring, acceptable, or failing |
Brogden-Cronbach-Gleser Formula | Developed a formula for the dollar amount of a utility gain resulting from the use of a particular selection instrument under specified conditions |
Utility gain | Refers to an estimate of the benefit (monetary or otherwise) of using a particular test or selection method, taking into consideration the following factors: |
Productivity Gain | Refers to an estimated increase in work output |
Practical Considerations | Pool of Job Applicants |
Pool of Job Applicants | Issue of how many people would actually accept the employment position offered to them even if they were found to be a qualified candidate; Estimates of people who will actually accept the position should be adjusted downward as much as 80% in order to provide a more realistic estimate of the utility of a tool of assessment used for selection purposes |
Complexity of the Job | The more complex the job, the more people differ on how well or poorly they do that job |
Cut Score | Numerical reference point derived as a result of a judgment and used to dived a set of data into two or more classifications, with some action to be taken or some inference to be made on the basis of these classifications |
Relative Cut Score | Reference point, in a distribution of test scores used to divide a set of data into two or more classifications - that is set based on norm-related considerations rather than on the relationship of test scores to a criterion |
Norm-Referenced Cut Score | Set with reference to the performance of a group (or some target segment of a group) |
Fixed Cut Score (Absolute Cut Scores) | Reference point - in a distribution of test scores used to divide a set of data into two or more classifications - that is typically set with reference to a judgment concerning a minimum level of profieciency required to be included in a particular classification; |
Multiple Cut Scores | Refers to the use for the purpose of categorizing testtakers |
Multistage/Multiple Hurdle Selection Process | At every stage, a cut score is in place for each predictor used; Cut score used for each predictor will be assigned to ensure that each applicant possess some minimum level of a specific attribute or skill; assumes that an individual must possess a certain minimum amount of knowledge, skill, or ability for each attribute measured by a predictor to be successful in a desired position |
Multiple Hurdles | One collective element of a multistage decision-making process in which the achievement of a particular cut score on one test is necessary in order to advance to the next stage of evaluation in the selection process |
Written Application Stage | Completeness of the filling out of the form may be used to disqualify the applicant |
Additional Materials | Individuals with low test scores, GPA's or poor letters of recommendation are eliminated |
Personal Interview | Entails unique demands to be successfully met |
Compensatory Model of Selection | An assumption is made that high scores on one attribute can balance out or compensate for low scores on another attribute; a person strong in some areas relevant to the position in question |
William Angoff | Devised the Angoff Method |
Angoff Method | Method for setting fixed cut scores applicable to personnel selection tasks as well as to questions regarding the presence or absence of a particular trait, attribute, or ability; judgments of experts are averaged to yield cut scores for the test; weak when there is low inter-rated reliability and major disagreement regarding how certain populations of testtakers should respond to items |
Known Groups Method/Method of Contrasting Groups | Entails the collection of data on the predictor of interest from groups know to possess, and not to possess, a trait, attribute, or ability of interest |
IRT-Based Methods | Cut scores are typically set based on testtakers' performance across all items on the test; some portion of the total number of items on the test must be scorred correct in order for the testtaker to pass the test; each item is associated with a particular level of difficulty; in order to pass the test, the testtaker must answer items that are deemed to be above some minimum level of difficulty, which is determined by experts and serves as the cut score |
Item-Mapping Method | Entails the arrangement of items in a histogram, which each column in the histogram containing items deemed to be of equivalent value; the process involves several rounds of judgments in which experts may receive feedback regarding how their ratings compare to ratings made by other experts |
Bookmark Method | Typically used in academic applications; begins with the training of experts with regard to the minimal, knowledge, skills, and/or abilities that testtakers should possess in order to pass; Level of difficulty to use as the cut score is decided upon by the test developers |
Steps Involved in the Bookmark Method | Experts are trained with regard to the minimal knowledge, skills, and/or abilities that testtakers should possess in order to pass |
Problem with Bookmarking Method | Training of experts |
Edward L. Thorndike | Proposed a norm-referenced method for setting cut scores; called the Method of predictive yield |
Wayne Cascio | Proposed the use of regression for setting cut scores when criterion-related data are available |
Discriminant Analysis/Discriminant Function Analysis | Family of statistical techniques typically used to shed light on the relationship between certain variables (such as scores on a battery of test) and two (and in some cases more) naturally occuring groups (such as persons judged to be successful on the job and persons judged not to be successful on the job |