We are considering hiring students, and for that purpose, we need your help to evaluate 12 applicants.
All the applicants are OSU undergraduate students who are Native English speakers.
We are hiring students for three jobs. One requires cognitive skills, one requires social skills, and one requires a combination of both.
Your job is to guess their scores on tests that are designed to measure those skills .
You will evaluate 6 test scores in total: one cognitive skill test, four social skill tests, and one combined skill test.
You will be given relevant information to evaluate those test scores.
Details of your tasks will be given before each task.
Your payoff is decided by one randomly selected resume plus the participation fee of $3.5.
For the randomly selected evaluation payoff, one applicant is randomly selected, and one of your guesses is randomly selected for the selected applicant.
For a guess you made, here's how we'll pay you
$(3.5- 0.2 x |your guess-actual score|)
If $(3.5- 0.2 x |your guess-actual score|) is less than 0, you will get only the participation fee of $3.5.
Thus, your goal is to guess all the scores as precisely as possible to maximize your payoff.