VALCOR - A PROGRAM FOR ESTIMATING STANDARD ERROR, CONFIDENCE-INTERVALS, AND PROBABILITY OF CORRECTED VALIDITY

VALCOR is a Turbo-Basic program that corrects the observed (uncorrecte d) validity coefficients for criterion and predictor unreliability and range restriction in the predictor. Furthermore, using the formulas t he standard error of functions of correlations derived by Bobko and Ri eck (1980), the program provides an estimation of the standard error, the confidence intervals, and the probability of the corrected validit y coefficients. In this way, the probability and the boundaries of the corrected validity coefficients may be reported together with the pro bability of the uncorrected validity coefficients. The results are pre sented on the computer screen and may be saved in an external file.