Assume there is a predictor x (a video-recorded job simulation) that correlates r=.3 (Pearson r) with a criterion y (later job performance).
Assume a new grading process is used and it is noticed that there is a correlation of .25 between the order of grading and the grade, such that job candidates who are graded later are given somewhat higher grades than those who are graded earlier. (This correlation is statistically significant.)
Assuming the two effects are independent (i.e., the proficiency of the job candidates is unrelated to the order of grading effect), how might I go about predicting the degree to which the correlation of .3 is attenuated by the correlation of .25?