MGMT9840 Chapter 10: Decision Making
Document Summary
Implicit theories: personal beliefs that are held about how people or things function, without objective evidence and often without conscious awareness. False positive error: occurs when an applicant who is assessed favourably turns out to be a poor choice. False negative error: occurs when an applicant who is rejected would have been a good choice. Pure judgement approach: judgemental data are combined in a judgemental manner. Trait rating approach: judgemental data are combined statistically. Profile interpretation: statistical data are combined in a judgemental manner. Pure statistical approach: data are combined statistically. Judgemental composite: judgemental and statistical data are combined in a judgemental manner. Statistical composite: judgemental and statistical data are combined statistically. The value in terms of increased validity of adding a particular predictor to an existing selection system.
