Examlex
Written tests fell into disfavour in the late 1960s and are now rarely used in the selection process.
Standard Error
A statistical measure that quantifies the variability or dispersion of a sample statistic from the population parameter it estimates.
Adjusted R Square
A statistical measure that indicates the proportion of variance in the dependent variable that is predictable from the independent variables, adjusted for the number of predictors in the model.
Parsimony Principle
The Parsimony Principle, often used in scientific research, is the idea that the simplest explanation is usually correct, encouraging minimal assumptions.
Independent Variables
Variables in a statistical model that are manipulated or categorised to determine their effect on dependent variables.
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