Describe the purpose of conducting a utility analysis. What factors influence whether the scientific selection will result in better-performing employees? How do valid predictors increase success ratios? What processes are involved in computing utility?
The purpose of conducting a utility analysis is for the company to determine if an intervention they have put into place (the investment) is worth it and is increasing the productivity of their company and it's employees (return on investment). It's a way of doing a cost analysis to ensure a company is getting a return on their productivity investment ...
Describes the purpose of utility analysis and how it's implemented.