Option Probability Theory: A quest for better measures
Have you ever wondered how to determine if a candidate in an exam 'guessed' their way to a good score? Now there is a way to know! Prof John Barnard, founder and exec director at EPEC has developed a new measurement paradigm, Option Probability Theory (OPT), which can highlight the confidence a candidate had in each of their answers in an exam paper. An article on OPT has been published in the American Review of Mathematics and Statistics and there is another article due t
