When HR specialists state that a new predictor "adds value" to the prediction of job success, they mean that ________.
A) the predictor provides economic benefit to prediction
B) the predictor has a high validity coefficient
C) the predictor adds to the prediction of job success over and beyond the forecasting powers of current predictors
D) the predictor is highly correlated with other predictors, thus increasing efficiency

Question

Quizplus · Accepted Answer

When HR specialists state that a new predictor "adds value" to the prediction of job success, they mean that the predictor adds to the prediction of job success over and beyond the forecasting powers of current predictors. This indicates that the new predictor provides additional information that was not available before, improving the overall accuracy of predicting job success. A high validity coefficient (B) or high correlation with other predictors (D) are indicators of the predictor's validity and efficiency but do not necessarily indicate that it adds value to the prediction process. Economic benefit (A) may or may not be a factor to consider, depending on the specific context and purpose of the prediction process.

When HR Specialists State That a New Predictor "Adds Value