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Longford, Nicholas Tibor – Journal of Educational and Behavioral Statistics, 2016
We address the problem of selecting the best of a set of units based on a criterion variable, when its value is recorded for every unit subject to estimation, measurement, or another source of error. The solution is constructed in a decision-theoretical framework, incorporating the consequences (ramifications) of the various kinds of error that…
Descriptors: Decision Making, Classification, Guidelines, Undergraduate Students