Peer evaluation is used to calculate your peer-factor. Your share of the group grades is the product of your peer-factor and the grades the team has earned for its group assignments. The following example will illustrate how the mathematics play out.
Imagine a team consists of four people: James, Mike, Susan, and Kiri. During the peer evaluation, each team member awards 100 points amongst the other members based on their contribution to the team. Remember, that people may not allocate points to themselves.
The points awarded to each individual are then totaled up as shown below:
From the table above, one might infer that Kiri is regarded as a high contributor to the team, whereas Mike is the lowest contributor.
The peer-factors are used in the following manner to determine each individuals final grade for group work. For each 0.05 above or below 1.00, the individual's share of the group grade is moved up or down. If this example team actually got a B+ grade for their group work (e.g., For the performance of their firm), they get the following grades as their share of the group grade assignments:
In this way, each team members' share of group grades are distributed between the themselves.