Statistical Error: Expectations of success

Statistical Error: Expectations of success.

Definition: The assumption, prediction, and expectation of a behavior, performance, or action that elicits a positive ability or outcome of an individual or group.

  1. Provide a Human Resource decision that has to be made as an example to the statistical error expectations of success. Definition is provided above, give an example/scenario.
  2. Errors typically occur because the data used to make the decision is flawed in some way. What flawed data could lead to the error for this decision?
  3. Think about what data could be used instead (to avoid expectations of success)?
  4. What parameter or statistic will you use to represent the dataset?
  5. How could this help avoid the error?

Expectations of success

 

Sample Solution

 

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