When deciding whether or not to use a new predictor, the validity coefficient, the base rate, and the selection ratio should be considered in combination, not independently.

Question

Quizplus · Accepted Answer

The validity coefficient alone does not provide enough information to determine the usefulness of a new predictor. The combination of validity coefficient, base rate, and selection ratio helps determine the practical significance and potential impact of using the predictor in a selection process.

When Deciding Whether or Not to Use a New Predictor