Suppose That You Wanted to Obtain Ratings of Many Persons

question 16

Multiple Choice

Suppose that you wanted to obtain ratings of many persons' levels of a personality trait by having one or more raters observe an interview with each person.To get a high level of inter-rater (inter-observer) reliability,which of the following would be the best strategy?

• A)Obtain ratings of each person by one rater who is highly trained in observing interviews.
• B)Obtain ratings of each person independently by two raters who are moderately trained in observing interviews.
• C)Obtain ratings of each person independently by several raters who are not trained in observing interviews.
• D)Obtain ratings of each person independently by several raters who are highly trained in observing interviews.
• E)Obtain ratings of each person by one rater who is not trained in observing interviews.

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Definitions:

Probability Distribution

A mathematical function that provides the probabilities of occurrence of different possible outcomes for an experiment.

NPV

The calculation of the current value of all future cash flows generated by a project, after accounting for the initial capital expenditure.

IRR

Internal Rate of Return; a metric used in capital budgeting to estimate the profitability of potential investments.

Probability Distributions

A statistical function that describes all the possible values and likelihoods that a random variable can take within a given range.