Management and Organizational Studies 3384A/B Chapter Notes - Chapter 9: Informal Sector, Illusory Correlation, Job Performance

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 3384A/B
• Professor: Cristin Keller

Document Summary

Approaches to combining predictor scores: subjective vs. Sbjective predictors are items such as interview scores (in which data was collected through human perception and judgment). Objective information can be found in test scores. Four major nethods of collecting and combining information show the range between subjective and objective perspectives: -trait ratings, decision makers rate job applicants based on judgmental data, such as interviews and application blanks then use formula to calculate score automatic decision (easy score comparison) -profile interpretation approach: objective data about applicants but judges and interprets the data without statictical tools (different decision makers different interpretations of same results) -statistical approach: decision makers collect large amounts of data and combine them mechanically to come to a decision. Judgmental composite approach t both objective and subjective data an be collected and combined judgementally . Insensitivity to sample size: jump to conclusions based on small samples. Assigning weights depend on the accuracy of the weights assigned to predictor scores.