Theory and Practice for the Use of Cut Scores for Personnel Decisions
Abstract
This paper provides necessary and sufficient conditions for the existence of a cut-score for arbitrary utility functions. Classical theories of monitone likelihood ratios and stochastically increasing distribution are extended to provide the necessary theory of monitone posterior ratios, which provides a sufficiency condition. Necessity is studied in individual cases. In general only modest sample sizes and avoidance of situations with extreme cut-scores is necessary.
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 01, 1979
- Accession Number
- ADA075472
Entities
People
- David T. Chuang
- James J. Chen
- Melvin R. Novick
Organizations
- University of Iowa