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    This post addresses 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?

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    https://brainmass.com/business/business-management/477030

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    I would advise my boss that a new predictor is not necessary. Under the current predictor, the base rate is high, the selection ration is low, and the validity coefficient is high. These are all optimal conditions for a predictor. A high base rate indicates that there are a high percentage of the ...

    Solution Summary

    The solution discusses if your boss should use a new predictor if the base rate is high, the selection ratio is low, and the validity coefficient is high for the current predictor.

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