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I am just copying and pasting my reply from a topic placed into the BTG's Strategy sub-forum here
>>>... various GMAT preparation companies develop and introduce their CATs. Now, I am asking you and the BTG community: 'How many times, before going into a deal, or taking some one's word for counting, or believing something and acting thereon, had we asked ourselves - why any credit should be given at all?' I guess the vast majority of us, even easy believers, would respond 'always'.
Let's question - why we had believed in MGMAT, Princeton Review, Knewton, Kaplan, Grockit and others? Is there any statistical evidence suggesting that actual scores reported by the certain number of recent (within 5-year period) GMAT test takers and their practice CAT results are correlated? Is there any precise test deviation data used in place, except for that taken from the internet forums, web blogs? What is the sampling error, population statistics... No, there is nothing or almost nothing indicating an objective approach to the CAT algorithms distributed with the mentioned company software products. In fact, these companies could not come close to the real GMAT scoring algorithm patented after the GMAC and ACT Inc. even within 100 score deviation. Yet, some would argue and believe that MGMAT has 60+ deviation from the actual GMAT score, or Kaplan has 80+, whatever.
I have certain doubts about the GMAT Prep software too. It is unlikely that the exam scoring algorithm would be made available to the population of potential examinees. Some elements - yes, general description and imitation of the process - yes, but the mechanism of test scoring itself, - I just have strong doubts about this.
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>>>... various GMAT preparation companies develop and introduce their CATs. Now, I am asking you and the BTG community: 'How many times, before going into a deal, or taking some one's word for counting, or believing something and acting thereon, had we asked ourselves - why any credit should be given at all?' I guess the vast majority of us, even easy believers, would respond 'always'.
Let's question - why we had believed in MGMAT, Princeton Review, Knewton, Kaplan, Grockit and others? Is there any statistical evidence suggesting that actual scores reported by the certain number of recent (within 5-year period) GMAT test takers and their practice CAT results are correlated? Is there any precise test deviation data used in place, except for that taken from the internet forums, web blogs? What is the sampling error, population statistics... No, there is nothing or almost nothing indicating an objective approach to the CAT algorithms distributed with the mentioned company software products. In fact, these companies could not come close to the real GMAT scoring algorithm patented after the GMAC and ACT Inc. even within 100 score deviation. Yet, some would argue and believe that MGMAT has 60+ deviation from the actual GMAT score, or Kaplan has 80+, whatever.
I have certain doubts about the GMAT Prep software too. It is unlikely that the exam scoring algorithm would be made available to the population of potential examinees. Some elements - yes, general description and imitation of the process - yes, but the mechanism of test scoring itself, - I just have strong doubts about this.
>>
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