Ethical Dilemma We live in a society obsessed with test scores and maximum performance. Think of the SAT, ACT, GRE, GMAT, and LSAT. Though they take only a few hours, they are supposed to give schools and companies a snapshot of a student’s abiding talents. But these tests are often spectacularly bad at forecasting performance in the real world. The SAT does a decent job ( r 2 = .12) of predicting the grades of a college freshman. It is, however, less effective at predicting achievement after graduation. LSAT scores beat virtually no correlation to career success as measured by income, life satisfaction, or public service. What does the r 2 mean in this context? Is it ethical for colleges to base admissions and financial aid decisions on scores alone? What role do these tests take at your own school?

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Chapter 4, Problem 1ED

Ethical Dilemma

We live in a society obsessed with test scores and maximum performance. Think of the SAT, ACT, GRE, GMAT, and LSAT. Though they take only a few hours, they are supposed to give schools and companies a snapshot of a student’s abiding talents.

But these tests are often spectacularly bad at forecasting performance in the real world. The SAT does a decent job (r² = .12) of predicting the grades of a college freshman. It is, however, less effective at predicting achievement after graduation.

LSAT scores beat virtually no correlation to career success as measured by income, life satisfaction, or public service.

What does the r² mean in this context? Is it ethical for colleges to base admissions and financial aid decisions on scores alone? What role do these tests take at your own school?

Chapter 4, Problem 1ED, Ethical Dilemma We live in a society obsessed with test scores and maximum performance. Think of the

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Summary Introduction

Case summary:

In the recent days, society is mostly obsessed with the test scores. However, these test would often enormously bad at forecasting the performance of the students. It is less effective in predicting the achievement of the student after graduation.

To determine: Whether it is ethical for colleges to base admissions based on scores alone

Explanation of Solution

Whether it is ethical for colleges to base admissions and financial aid decisions based on scores alone:

According to Person X, depending on the test scores alone is one the weak decisions that the colleges can make. Even though, they have alternatives, the alternatives are nonstandard and limited. GPA and class ranks cannot be used, as it is not uniform throughout the nation. However, it can be considered.

The quantifiable and equitable alternatives should be used to consider for the base admission and for financial aid decisions.

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b. Based on this extrapolation, when would Amazon be predicted to equal Walmart in revenue? c. Why has Amazon been growing faster than Walmart? Is the slow growth of Walmart related to the rapid growth of Amazon?

Answer 2

Textbook Question

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Chapter 4, Problem 1ED

Ethical Dilemma

We live in a society obsessed with test scores and maximum performance. Think of the SAT, ACT, GRE, GMAT, and LSAT. Though they take only a few hours, they are supposed to give schools and companies a snapshot of a student’s abiding talents.

But these tests are often spectacularly bad at forecasting performance in the real world. The SAT does a decent job (r² = .12) of predicting the grades of a college freshman. It is, however, less effective at predicting achievement after graduation.

LSAT scores beat virtually no correlation to career success as measured by income, life satisfaction, or public service.

What does the r² mean in this context? Is it ethical for colleges to base admissions and financial aid decisions on scores alone? What role do these tests take at your own school?

Chapter 4, Problem 1ED, Ethical Dilemma We live in a society obsessed with test scores and maximum performance. Think of the

Expert Solution & Answer

Summary Introduction

Case summary:

In the recent days, society is mostly obsessed with the test scores. However, these test would often enormously bad at forecasting the performance of the students. It is less effective in predicting the achievement of the student after graduation.

To determine: Whether it is ethical for colleges to base admissions based on scores alone

Explanation of Solution

Whether it is ethical for colleges to base admissions and financial aid decisions based on scores alone:

According to Person X, depending on the test scores alone is one the weak decisions that the colleges can make. Even though, they have alternatives, the alternatives are nonstandard and limited. GPA and class ranks cannot be used, as it is not uniform throughout the nation. However, it can be considered.

The quantifiable and equitable alternatives should be used to consider for the base admission and for financial aid decisions.

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Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 3

Textbook Question

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Chapter 4, Problem 1ED

Ethical Dilemma

We live in a society obsessed with test scores and maximum performance. Think of the SAT, ACT, GRE, GMAT, and LSAT. Though they take only a few hours, they are supposed to give schools and companies a snapshot of a student’s abiding talents.

But these tests are often spectacularly bad at forecasting performance in the real world. The SAT does a decent job (r² = .12) of predicting the grades of a college freshman. It is, however, less effective at predicting achievement after graduation.

LSAT scores beat virtually no correlation to career success as measured by income, life satisfaction, or public service.

What does the r² mean in this context? Is it ethical for colleges to base admissions and financial aid decisions on scores alone? What role do these tests take at your own school?

Chapter 4, Problem 1ED, Ethical Dilemma We live in a society obsessed with test scores and maximum performance. Think of the

Expert Solution & Answer

Summary Introduction

Case summary:

In the recent days, society is mostly obsessed with the test scores. However, these test would often enormously bad at forecasting the performance of the students. It is less effective in predicting the achievement of the student after graduation.

To determine: Whether it is ethical for colleges to base admissions based on scores alone

Explanation of Solution

Whether it is ethical for colleges to base admissions and financial aid decisions based on scores alone:

According to Person X, depending on the test scores alone is one the weak decisions that the colleges can make. Even though, they have alternatives, the alternatives are nonstandard and limited. GPA and class ranks cannot be used, as it is not uniform throughout the nation. However, it can be considered.

The quantifiable and equitable alternatives should be used to consider for the base admission and for financial aid decisions.

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Answer 4

Textbook Question

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Chapter 4, Problem 1ED

Ethical Dilemma

We live in a society obsessed with test scores and maximum performance. Think of the SAT, ACT, GRE, GMAT, and LSAT. Though they take only a few hours, they are supposed to give schools and companies a snapshot of a student’s abiding talents.

But these tests are often spectacularly bad at forecasting performance in the real world. The SAT does a decent job (r² = .12) of predicting the grades of a college freshman. It is, however, less effective at predicting achievement after graduation.

LSAT scores beat virtually no correlation to career success as measured by income, life satisfaction, or public service.

What does the r² mean in this context? Is it ethical for colleges to base admissions and financial aid decisions on scores alone? What role do these tests take at your own school?

Chapter 4, Problem 1ED, Ethical Dilemma We live in a society obsessed with test scores and maximum performance. Think of the

Expert Solution & Answer

Summary Introduction

Case summary:

In the recent days, society is mostly obsessed with the test scores. However, these test would often enormously bad at forecasting the performance of the students. It is less effective in predicting the achievement of the student after graduation.

To determine: Whether it is ethical for colleges to base admissions based on scores alone

Explanation of Solution

Whether it is ethical for colleges to base admissions and financial aid decisions based on scores alone:

According to Person X, depending on the test scores alone is one the weak decisions that the colleges can make. Even though, they have alternatives, the alternatives are nonstandard and limited. GPA and class ranks cannot be used, as it is not uniform throughout the nation. However, it can be considered.

The quantifiable and equitable alternatives should be used to consider for the base admission and for financial aid decisions.

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Answer 5

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Answer 6

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Answer 7

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Summary Introduction

Case summary:

In the recent days, society is mostly obsessed with the test scores. However, these test would often enormously bad at forecasting the performance of the students. It is less effective in predicting the achievement of the student after graduation.

To determine: Whether it is ethical for colleges to base admissions based on scores alone

Explanation of Solution

Whether it is ethical for colleges to base admissions and financial aid decisions based on scores alone:

According to Person X, depending on the test scores alone is one the weak decisions that the colleges can make. Even though, they have alternatives, the alternatives are nonstandard and limited. GPA and class ranks cannot be used, as it is not uniform throughout the nation. However, it can be considered.

The quantifiable and equitable alternatives should be used to consider for the base admission and for financial aid decisions.

Answer 8

Expert Solution & Answer

Summary Introduction

Case summary:

In the recent days, society is mostly obsessed with the test scores. However, these test would often enormously bad at forecasting the performance of the students. It is less effective in predicting the achievement of the student after graduation.

To determine: Whether it is ethical for colleges to base admissions based on scores alone

Explanation of Solution

Whether it is ethical for colleges to base admissions and financial aid decisions based on scores alone:

According to Person X, depending on the test scores alone is one the weak decisions that the colleges can make. Even though, they have alternatives, the alternatives are nonstandard and limited. GPA and class ranks cannot be used, as it is not uniform throughout the nation. However, it can be considered.

The quantifiable and equitable alternatives should be used to consider for the base admission and for financial aid decisions.

Answer 9

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Answer 10

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Answer 11

Summary Introduction

Case summary:

In the recent days, society is mostly obsessed with the test scores. However, these test would often enormously bad at forecasting the performance of the students. It is less effective in predicting the achievement of the student after graduation.

To determine: Whether it is ethical for colleges to base admissions based on scores alone

Answer 12

Explanation of Solution

Whether it is ethical for colleges to base admissions and financial aid decisions based on scores alone:

According to Person X, depending on the test scores alone is one the weak decisions that the colleges can make. Even though, they have alternatives, the alternatives are nonstandard and limited. GPA and class ranks cannot be used, as it is not uniform throughout the nation. However, it can be considered.

The quantifiable and equitable alternatives should be used to consider for the base admission and for financial aid decisions.

Answer 13

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