Type 1 and Type 2 Errors: An Application from HR, Hiring – Discussion

Question Description

What are Type 1 and Type 2 Errors: Here is some help. https://www.recruiter.com/i/type-i-ii-errors-in-recruiting/

Type I and Type II Decision Error Costs

TheHR department is trying to fill a vacant position for a job with asmall talent pool. Valid applications arrive every week or so, and theapplicants all seem to bring different levels of expertise. For eachapplicant, the HR manager gathers information by trying to verifyvarious claims on resumes, but some doubt about fit always lingers when adecision 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 management?
How does this affect the HR manager’s hiring decisions?

PLEASE DO NOT RELY ON WIKIPEDIA, INVESTOPEDIA OR ANY OTHER PEDIA AS A REFERENCE AT ANYTIME IN THIS COURSE.

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

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