What Is the Expected Value of Sample Information

question 22

Essay

What is the expected value of sample information?

---

Definitions:

Candidates

Individuals who are considered for or applying to a position, role, or opportunity, typically in the context of employment or election.

Work Sampling

Work Sampling is a technique used to analyze the work performed in a specific job or organization by taking random samples of the activities performed over a period, to determine how time is distributed across different tasks.

Observers

Individuals or entities that watch or monitor events, behaviors, or processes, often for the purpose of drawing conclusions or gathering information.

Graded

Evaluated or classified according to a scale or standard.