Okay, it has been quite a few years since I have really used any statistics concepts so I am puzzled on what is probably a simple problem that is work related.

We have a model that we use that rates a profile with a number ranging from 1 to 30... 30 being awesome, 1 being terrible - Anything below 10 we don't like. Now we are looking to build a new model based on different criteria and the range of scores would be from 1 - 40 this time. Now I wan't to know what the new threshold for a minimum score should be.

We took a sample of 40 profiles (all 40 scored above the minimum of 10 on the original model) and examined with both models to see what the difference was. The new model tends to score higher (mostly because the range of possible scores increased on the high end. Basically, the new model scores about 5 points higher on average. So the question becomes, should we just make our new minimum 15 points now (originally 10 + the 5 point higher average)? Or should I be looking at standard deviation?

Say I want 95% of profiles that passed the first model (scored over 10 - true for all 40 of the sample) to also pass the 2nd model - So I would think that is just 2 standard deviations?

So to do this, would I simply solve for the standard deviation of the residuals? Basically, square the difference in scores between the two model for each of the 40 samples, sum them, divide by 39 (40-1), and take the sq root of that number? The result would be one standard deviation. If we wanted to capture 95% in the new model we would just increase our minimum score of 10 by 2x that standard deviation

I don't know if any of this made sense, but if anyone can offer suggestions to get on the right track it would be much appreciated.

We have a model that we use that rates a profile with a number ranging from 1 to 30... 30 being awesome, 1 being terrible - Anything below 10 we don't like. Now we are looking to build a new model based on different criteria and the range of scores would be from 1 - 40 this time. Now I wan't to know what the new threshold for a minimum score should be.

We took a sample of 40 profiles (all 40 scored above the minimum of 10 on the original model) and examined with both models to see what the difference was. The new model tends to score higher (mostly because the range of possible scores increased on the high end. Basically, the new model scores about 5 points higher on average. So the question becomes, should we just make our new minimum 15 points now (originally 10 + the 5 point higher average)? Or should I be looking at standard deviation?

Say I want 95% of profiles that passed the first model (scored over 10 - true for all 40 of the sample) to also pass the 2nd model - So I would think that is just 2 standard deviations?

So to do this, would I simply solve for the standard deviation of the residuals? Basically, square the difference in scores between the two model for each of the 40 samples, sum them, divide by 39 (40-1), and take the sq root of that number? The result would be one standard deviation. If we wanted to capture 95% in the new model we would just increase our minimum score of 10 by 2x that standard deviation

I don't know if any of this made sense, but if anyone can offer suggestions to get on the right track it would be much appreciated.

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