ERIC Number: ED163366
Record Type: RIE
Publication Date: 1978
Psychometrics for the Cost Conscious: Using Discriminant Analysis to Refine Estimates of Program Cost.
Coffin, Raymond J.
This presentation uses data from a long-term juvenile diversion counseling program to illustrate a sample method of estimating program cost. Several problems in using average cost figures are first presented. Then a method is described in which discriminant analysis can be used to refine cost comparisons. This makes it possible to produce meaningful comparisons between programs which differ substantially overall, but serve a somewhat overlapping clientele. Problems inherent in the discriminant analysis method are also mentioned. (Author/BP)
Publication Type: Reference Materials - Bibliographies
Education Level: N/A
Authoring Institution: N/A
Note: Paper presented at the Annual Meeting of the Western Psychological Association (58th, San Francisco, California, April 19-22, 1978), For related documents see CG 013 077, CG 013 078, CG 013 079, CG 013 198