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Pan, Yilin – Society for Research on Educational Effectiveness, 2016
Given the necessity to bridge the gap between what happened and what is likely to happen, this paper aims to explore how to apply Bayesian inference to cost-effectiveness analysis so as to capture the uncertainty of a ratio-type efficiency measure. The first part of the paper summarizes the characteristics of the evaluation data that are commonly…
Descriptors: Resource Allocation, Cost Effectiveness, Bayesian Statistics, Statistical Analysis
Iseli, Markus R.; Koenig, Alan D.; Lee, John J.; Wainess, Richard – National Center for Research on Evaluation, Standards, and Student Testing (CRESST), 2010
Assessment of complex task performance is crucial to evaluating personnel in critical job functions such as Navy damage control operations aboard ships. Games and simulations can be instrumental in this process, as they can present a broad range of complex scenarios without involving harm to people or property. However, "automatic"…
Descriptors: Performance Tests, Performance Based Assessment, Decision Making Skills, Military Training
Barclay, Scott; And Others – 1977
Decision analysis is a quantitative method that permits the systematic evaluation of the costs or benefits accruing to courses of action that might be taken in a decision problem. It entails identification of the alternative choices involved, the assignment of values (costs/benefits) for possible outcomes, and the expression of the probability of…
Descriptors: Administrators, Bayesian Statistics, Case Studies, Cost Effectiveness

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