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Different levels of expertise

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The HR department is trying to fill a vacant position for a job with a small talent of 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 still lingers when a decision to hire or not is to be made. What are the type I and II decision error costs? Which decision error is more likely to be discovered by the CEO? How does this affect the HR managers' hiring decision?

Reference no: EM131294831

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