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5.1

All Mod 5

QuestionAnswer
Model of designing, analyzing, and scoring tests IRT: Item Response Theory
How does the government differ than private sector cost-benefit analysis? Government benefits aren’t always money. Could be flood prevention or welfare.
Compares one individual’s performance to other individuals Norm Referenced
Compare individual’s performance to a standard score (Example: Cut Score 64%) Criterion referenced
Management strategy that uses results as the central measurement of performance RBM: Results Based Management
Three characteristics of RBM: 1. Life cycle approach 2. Team based (include everyone with influence on outcome) 3. Focused on long-term impact (Results driven)
Used to count ALL of the existing cases in a disease. Prevalence
Used to count only the NEW cases of a disease. Incidence (Incident rate)
Used to analyze if funding is worth the outcome of a project Cost-benefit analysis
Where is cost-benefit analysis needed over break-even analysis? Where there is no profit to be made (Government and non-profit organizations.
Created by: mgallo3
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