Hit or Miss? Test Taking Behavior in Multiple Choice Exams S¸. Pelin Akyol 1 James Key 2 Kala Krishna 3 1BilkentUniversity 2UniversityofWesternAustralia 3PennsylvaniaStateUniversity October 12, 2015 Akyol,KeyandKrishna ÖSSExams Motivation Multiple choice tests are widely used Universityentranceexams(Turkey,Greece,Japan,Korea, China,...) TheSATandGRE Disadvantage: Random guessing is possible Applypenaltyforincorrectanswerstopreventrandom guessing Decisiontoguess/notdependsonknowledgeandrisk aversion. Does the exam format grant certain groups an advantage? Fair? Akyol,KeyandKrishna ÖSSExams Literature Literature: Women skip more often Reducedform: Ben-ShakharandSinai(1991) Experimental: Baldiga(2013),EspinosaandGardeazabal (2010) Propergradingrules: Bernardo(1998),Burgos(2004), EspinosaandGardeazabal(2005) SemiStructural: Pekkarinen(2014)(Raschmodel), Tannenbaum(2012) Akyol,KeyandKrishna ÖSSExams Education System ÖSS Exam - held annually Paperbasedmultiplechoiceexam Mostimportantdeterminantofuniversityadmission weights Four sections: math, science, social science and Turkish 45questionsineachpart Expectation of 0 if guess randomly 5answers +1pointforcorrect,-0.25forincorrect Students can skip the question, giving 0 points Attitudes to risk will impact outcomes Akyol,KeyandKrishna ÖSSExams The Data Sample of students taking 2002 University Entrance Exam Scoresineachsection Backgroundinformation Focus on social science track, 1st time takers (8917 students) Two sections of interest: social science and Turkish Akyol,KeyandKrishna ÖSSExams Gender Gap There is a gender gap Scores Only 9% of these students gain university entrance Males are over-represented in the top 9% 9.4%ofmalesareinthistopgroup Compareto8.5%offemales A model where students form beliefs regarding the chance of success when answering a question Akyol,KeyandKrishna ÖSSExams The Model Students generate beliefs regarding answers The questions are attempted independently For each answer n ∈ {1,...,5}, the student draws a signal x n The correct answer draws from a Pareto distribution with shape parameter α and scale parameter A Incorrect answers draw from a Pareto distribution with shape parameter β and scale parameter B Know parameters, but not which distribution they are drawing signal from Based on signals, they form beliefs regarding which answer is correct answer Akyol,KeyandKrishna ÖSSExams The Distributions Assumption The scale parameters of the distributions are equal: A = B > 0. That is, the minimum signal with positive support is the same for both the incorrect answers and the correct answer. Student can never be absolutely certain of the answer (either correct or incorrect) Simplifies the state space of student types Interpretation of the parameters more intuitive Proposition The outcome of the model is independent of the size of A Proposition The outcome of the model depends only on the ratio β/α Akyol,KeyandKrishna ÖSSExams Student Ability Without loss of generality, A = 1, α = 1, so that β is ability. Distributions of signals for a student with β = 3, approximately median Distributions of Signals 1 0.9 0.8 0.7 0.6 P 0.5 Correct Incorrect 0.4 0.3 0.2 0.1 0 1 2 3 4 5 6 7 Signal Akyol,KeyandKrishna ÖSSExams To Answer or Not Students draw signals, {x ,x ,x ,x ,x }, for each answer. 1 2 3 4 5 Form beliefs Student knows which answer is most likely to be correct and the probability But should the student choose that answer? Or should they skip it? Risk preferences: cutoff c Ifchanceofsuccessisgreaterthanc,attempt Otherwise,skip Akyol,KeyandKrishna ÖSSExams
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