Outline subjective expected utility theory

What will be an ideal response?


According to subjective expected utility theory, the goal of human action is to seek pleasure and avoid pain. According to this theory, when people make decisions, they will seek to maximize pleasure (referred to as positive utility) and to minimize pain (referred to as negative utility). In doing so, however, we calculate two things. One is subjective utility, which is a calculation based on the individual's judged weightings of utility (value), rather than on objective criteria. The second is subjective probability, which is a calculation based on the individual's estimates of likelihood, rather than on objective statistical computations. The difference between this model and the former one is that the ratings and weights are subjective, whereas in the former model they are supposedly objective.

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a. always used for diagnostic purposes. b. to be avoided. c. usually used for learning more about the strengths and needs of a student. d. used to diagnose groups of students only.

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Analysis of comprehensive testing results is included in the _________________________ section of the test report

Fill in the blank(s) with correct word

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a. provide shaded areas, especially for infants under 6 months. b. apply sunscreen to children before going out in the sun. c. limit time of extreme exposure. d. all of the above. e. none of the above.

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The teacher who wishes to check about the standardization of a test will need to investigate:

a. whether the test actually measures what it says it measures. b. how well the tests predicts future performance in school. c. whether standard questions are used for each age group tested. d. what was the economic level and ethnic composition of the groups used to try out the test during its development.

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