Refers to the usefulness or practical value of testing to improve efficiency.
Utility
Factors that Affect a Test's Utility:
Psychometric soundness
Costs
Benefits
A family of technique that entail a cost benefit analysis designed to yield information relevant to a division about the usefulness and/or practical value of a tool assessment.
Utility Analysis
How Is a Utility Analysis Conducted?
Expectancy Data
Brodgen Cronbach Gleser formula
Estimate of the benefit of using a particular test or selection method.
Utility gain
Estimated increase in work output.
Productivity gain
Some Practical Considerations When Conducting Utility Analyses
The pool of job applications
The complexity of the job
The cut score in use
A reference point derived as a result of judgment and used to divide a set of data into two or more classifications.
Cut score
A reference point that is set based on norm-related considerations rather than on the relationship of test scores to a criterion.
Relative cut score
Cut score is set with reference to the performance of a group (or some target segment of a group.)
Norm-referenced cut score
Cut score that is typically set with reference to judgment concerning a minimum level of proficiency required to be included in a particular classification.
Fixed cut score
Refers to the use of two or more cut scores with reference to one predictor for the purpose of categorizing test takers.
Multiple cut scores
A cut score in place for each predictor used.
Multiple hurdle
Assumption is made that high scores on one attribute can compensate for low scores on another attribute.
Compensatory model of selection
Method for Setting Cut Scores:
Angoff Method
Known Groups Method
IRT-Based Method
Item-mapping Method
Book Mark Method
Other method: Discriminant analysis
In this method judgments of experts are averaged.
Angoff Method
Collection of data on the predictor of interest from group known to possess and not to possess trait, attribute, or ability.
Known Groups Method
This is based on test taker's performance across all items on a test.
IRT-Based Method
Test items are listed, one per page, in ascending level of difficulty.
Book-Mark Method
Family of statistical techniques used to shed light on the relationship between certain variables and two or more naturally occurring groups.