Main types of decision-making errors

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-What are the main types of decision-making errors (i.e., "misses") made in employee selection? Can these be eliminated? If so, how? If they cannot be eliminated, can they be reduced? If so, how?

-What is the difference between judgmental and statistical approaches to decision-making? Which is preferable?

-Integrity test scores, emotional intelligence test scores, and personality test scores tend to all be highly correlated. Why is it better to use uncorrelated predictors or have a low correlation with each other than predictors that are highly correlated with each other?

-What are the biggest pitfalls that employers need to be concerned about when drafting employment letters or contracts? What steps can be taken to avoid or minimize the likelihood of problems with offers of employment?

-What are the decision-making models? (describe them)

Reference no: EM133026020

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