Estimating a prediction model for the early identification of low employability graduates in Malaysia
This paper describes the development of a prediction model for the early identification of low employability graduates in Malaysia. A total of five proportional hazard models are estimated and using the criteria of percentage correctly and wrongly predicted, a prediction model is selected based o...
Main Authors: | , , , , , , |
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Format: | Article |
Language: | English |
Published: |
World Scientific Publishing Company
2015
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Subjects: | |
Online Access: | http://irep.iium.edu.my/45641/ http://irep.iium.edu.my/45641/ http://irep.iium.edu.my/45641/1/TheSingaporeEconomicReview2015.pdf |
Summary: | This paper describes the development of a prediction model for the early identification of low
employability graduates in Malaysia. A total of five proportional hazard models are estimated and
using the criteria of percentage correctly and wrongly predicted, a prediction model is selected based
on the percentage correctly predicted. The percentile of the predicted hazard rate is used as the
employability index (EI). In the context of Malaysia, it is recommended that the 5th percentile
graduates be considered as low employability graduates. With this early identification tool, specific
intervention programs can be tailored for the right target groups. |
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