Quantitative Evaluation Model in Large Scale Innovation Competition Based on Statistical Theory

https://doi.org/10.55640/corr-v02i02-01
Section: Research Article Published Date: 2024-03-16 Pages: 01-26 Views: 48 Downloads: 24

Authors

  • Mengyao Zhang School of Science, Wuhan University of Science and Technology, Wuhan, Hubei, China
  • Ling Deng School of Science, Wuhan University of Science and Technology, Wuhan, Hubei, China
  • Jiaxing Wang School of Science, Wuhan University of Science and Technology, Wuhan, Hubei, China
  • Bin Zhao School of Science, Hubei University of Technology, Wuhan, Hubei, China
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Abstract

Large-scale innovation contests are becoming increasingly popular globally, with many innovators and enterprises actively participating. Work allocation optimization and fair judging are two significant concerns in innovation contests. This academic paper aims to recommend an optimized "cross- assignment" program by leveraging the optimal objective function method to improve the comparability of scores given by various judges. We conducted data-based descriptive statistical analysis and concluded that the two-stage and weighted evaluation schemes are more beneficial than the traditional judging scheme. Nonetheless, there are still some shortcomings that require addressing. To enhance fairness, we propose an improved two-stage evaluation scheme. In the first stage, we normalize the scores with a normal distribution. In the second stage of the process, we implement a system utilizing the Borda sorting technique to categorize submissions into five distinct groups for judges to evaluate based on their perceptions. We also detail a method for weighting tied scores to determine the final rankings. Testing indicates that this approach yields a Normalized Discounted Cumulative Gain (NDCG) of 0.8667, implying greater fairness and precision in the assessment of submissions.

 

Keywords

Evaluation program, Normalization of a normal distribution

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