Question

Which factors are used to assess and rank a list of choices?

1) Criteria
2) Weightage
3) Scoring method
4) Ranking algorithm

Answer 1

Criteria, weightage, scoring method, and ranking algorithm are the factors used to assess and rank a list of choices.

Step-by-step explanation:

When assessing and ranking a list of choices, several factors are taken into account:

1. Criteria: These are the standards or requirements used to evaluate the choices. They define what aspects are important and help determine the suitability of each option.
2. Weightage: This refers to assigning weights or importance to the criteria based on their relative significance. Different criteria may have different weights depending on their importance in the decision-making process.
3. Scoring method: A scoring method is used to rate or assign scores to each option based on how well they meet the criteria. This could involve a numerical scale, qualitative assessments, or other methods.
4. Ranking algorithm: A ranking algorithm is used to analyze the scores and determine the order in which the choices are ranked. The algorithm considers the relative importance of criteria and the scores assigned during the assessment.