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Apr 27, 2023
This paper summarises exploratory analysis undertaken to evaluate the effectiveness of using machine learning approaches to calculate projected completion rates for vocational education and training (VET) programs. It compares this with the current approach used at the National Centre for Vocational Education Research (NCVER) — Markov chains methodology.
NCVER publishes annual observed VET qualification completion rates for qualifications that commenced four years prior to the most recent data collection period, based on the assumption that sufficient time has passed for all students who intended to complete their qualification to have done so. Projected rates are published for the more recent years, as the actual completion rates cannot be known until enough time has passed for the qualifications to be completed and the outcomes reported to NCVER.
While the Markov chains methodology currently used by NCVER has demonstrated that it is reliable, with predictions aligning well with the actual rates of completion for historical estimates, it has not been reviewed for some time, and it does have some limitations. The evaluation of machine learning techniques for predicting VET program completion rates was undertaken to overcome some of these limitations and with a view to improving our current predictions.
This report includes:
Download the full paper here.
Date posted Apr 27, 2023
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