Question

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?

Answer 1

Answer

The results of a situation can be in wiffi two types of errors,

1 Type !Error Accepting a false result.

2 Type II Error 12,cling a true result

The department ot human development is making an effort. fill an empty place at a Job ha small talent pool The company receives a number of applications for the Job profile and all applicants have different levels of expertise

The human resource manager collects the information  to verify the clams made by applicants in the application form, based on which the hiring decision is made.

There are two types of error involved in the decision making of HR manager-

Type 1 error is the error of hiring a wrong applicant

Type 2 error is to not hiring the nght applicant

There are numerous application for the Job profile, so, it is more likely Matt. manager will be involved in Type 1 error

Now, move ahead after Type I error has been made The performance of the wrong applicant will most likely be unsatisfying for the company and the CEO and thus, the performance records will make it certain that Type I error has been made and wrong applicant has been selected.

the error that is most likely to be recognized by the CEO is Type I error.

To deal with the error made of hiring the wrong applicant, the FIR will hire fewer workers to shade eatlirer decisions which will eventually lead to Type 2 Error .

That is, the FIR will hire fewer applicants.. will make him miss out on the night applicants. the ,lob profile Thus, one error vnll lead to other type of error