Type I and II Decision Errors Costs in Recruiting HR Department Questions
The HR 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 by the CEO?
How does this affect the HR manager’s hiring decisions?
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