In the context of utility,the hit rate is equivalent to
A) the miss rate divided by the selection ratio.
B) the base rate divided by the selection ratio.
C) the success rate divided by the base rate of successful performance.
D) the number of correct classifications divided by the total number of classifications.

Question

Quizplus · Accepted Answer

The hit rate represents the number of correct classifications divided by the total number of classifications, providing a measure of the accuracy of the utility prediction or decision-making process. This metric is used, for example, in evaluating the validity or usefulness of a personnel selection test, where the goal is to maximize the number of successful hires (i.e., hit) and minimize the number of unsuccessful hires (i.e., miss).

In the Context of Utility,the Hit Rate Is Equivalent to