What would be if what is wasn't? Rejoinder to Judiesch, Schmidt, and Hunter (1993).

In their critique of the N. S. Raju et al (1990) utility model, M. K. Judiesch et al (see record 1994-19598-001) claimed that Raju et al simply shifted the problem from one of estimating the standard deviation of the dollar-valued performance (Y) to that of estimating the coefficient of variation (?–iY–n/μ–iY–n). In showing the inaccuracy of this claim, the authors demonstrate that the Judiesch et al misunderstandings of the underlying assumptions of the Raju et al model have led to their misinterpretations. Furthermore, the authors refute the contentions of Judiesch et al that (1) the A parameter in the Raju et al model is equal to average employee value and (2) it is appropriate to correct the validity coefficient for criterion unreliability when conducting a utility analysis. A more detailed discussion of the issues relating to transforming the original performance scale is offered. (PsycINFO Database Record (c) 2010 APA, all rights reserved)