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At least one of your answers is incorrect. Attribute weights should be determined in two steps following the completion of ordinal ranking. First, relative weights
At least one of your answers is incorrect. Attribute weights should be determined in two steps following the completion of ordinal ranking. First, relative weights are assigned to each attribute according to its ordinal ranking. The second step is to normalize the relative ranking numbers by dividing each ranking number by the sum of all the rankings. Use the following equation to convert the original data for a particular attribute to its dimensionless rating when large numerical values are considered to be undesirable: R Worst outcome Outcome being made dimensionless atingem/m@M8M8MmMmMm = 9 Worst outcome Best outcome Use the following equation to convert the original data for a particular attribute to its dimensionless rating when large numerical values are considered to be desirable: R Outcome being made dimensionless Worst outcome atingem@m M Y . 9 Best outcome - Worst outcome The additive weighting procedure involves developing weights for attributes (based on ordinal rankings) that can be multiplied by the appropriate nondimensional attribute values to produce a partial contribution to the overall score for a particular alternative. When the partial contributions of all attributes are summed, the resulting set of alternative scores can be used to compare alternatives directly. You have been asked to rank order three universities based on the following data. Use the additive weighting technique to rank order the desirability of the universities. Consider the university with lower total price of a degree to be the preferred one. Larger high school GPA and percent admitted are preferred to smaller ones. Also, the university with the smaller student-faculty ratio is the preferred one. EH Click the icon to view the table with data you have gathered about the universities. =) Determine attribute weights and use the nondimensional scaling technique to find the resulting set of university scores and rank the universities in descending order of the final weighted scores. Fill in the table below. (Round to two decimal places.) X 1 University A 0.69 2 University B 0.60' 3 University C 0.30' More Info o Relative Rank 1 4 2 3 University A $97,000 3.9 25 14/1 University B $170,000 3.3 70 10/1 University C $86,000 29 90 231
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