I want to determine the success rate of an personnel selection instrument (interview, assessment center...) depending on the validity of the instrument itself, the selection rate and the base rate.
Thanks in avance for your answers!
Hi, I am not an expert in this field but Taylor-Russel formula can be computed numerically (see attached technical note). Best
Hi Richard, thank you so much for your help!
You're welcome Gerrit. Best
check
Article A Taylor expansion of the square root matrix function
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