Type I and Type II Decision Error Costs

Anonymous
timer Asked: Feb 4th, 2019
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Question Description

The HR department is trying to fill a vacant position for a job with a small talent pool. Valid applications arrive every week or so, and the applicants all seem to bring different levels of expertise. For each applicant, the HR manager gathers information by trying to verify various claims on resumes, but some doubt about fit always lingers when a decision to hire or not to hire is made.

  • What are the Type I and Two decision errors costs?
  • Which decision error is more likely to be discovered by the CEO?
  • How does this affect the HR manager's hiring decisions?

https://www.recruiter.com/i/type-i-ii-errors-in-re...

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Tutor Answer

RyanTopTutor
School: Purdue University

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Running head: TYPE I AND TYPE II DECISION ERROR COSTS

Type I and Type II Decision Error Costs
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TYPE I AND TYPE II DECISION ERROR COSTS

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1. What are the Type I and Two decision errors costs?
Type I error or false/positive error happens when a company hires an unworthy employee. It
occurs as a result of the incorrect information given (Moffa, 2011). For instance, an individual
may have a notion that the employee appointed fits to the position when he/she lacks
qualification for the job. The hiring party has erroneously assumed a positive result has been
fulfilled by...

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Anonymous
Thanks, good work

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