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Suppose that I want to use a test to help predict who will quit their jobs before the end of the three-month probation period. One
Suppose that I want to use a test to help predict who will quit their jobs
before the end of the three-month probation period. One hundred new
applicants are hired and the test is administered to all of them the first day.
Half of them quit before the end of the 3-month probation period.
Discriminant function analysis is used to determine if the test is useful.
The chi-square is significant and the success rate of predicting the quitters
versus stayers is 80%.What would be the conclusion?
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