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Your Boss Is Considering the Use of a New Predictor

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Your boss is considering the use of a new predictor.The base rate is high,the selection ratio is low,and the validity coefficient is high for the current predictor.What would you advise your boss and why?


Definitions:

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A device at a filling station that is used to deliver gasoline into the tank of a motor vehicle.

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A state located in the Midwestern region of the United States, known for landmarks such as Mount Rushmore.

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The specific desire for Dodge brand vehicles by consumers, influenced by preferences, income levels, and market conditions.

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