Scoring Methods
Scoring methods are techniques used to evaluate and quantify performance, preferences, or outcomes in various fields. Common examples include test scoring in education, where answers are graded to determine a student's understanding, and credit scoring in finance, which assesses an individual's creditworthiness based on their financial history.
Different scoring methods can be qualitative or quantitative. Rubrics provide a structured way to assess subjective work, while statistical scoring uses numerical data to derive scores. Each method serves specific purposes, helping to make informed decisions based on the results obtained.