NO.PZ2021102801000010
问题如下:
Boinic Corporation introduced an employee pension plan and set aside $20 million to fund the plan. Assessing five investment management firms, A through E, and expecting all to perform in line with their benchmarks, Boinic selected three firms (A, D, and E) to manage part of the pension plan assets. Exhibit 1 shows the managers’ performance compared to their benchmark in the one year after being selected.
On analyzing these results, Boinic determines that it has made both a Type I and Type II error.
Identify the firm associated with Boinic’s Type I and Type II error. Justify your selection for each error type, discussing the psychological effects of its Year 1 performance on Boinic.
选项:
解释:
type I error is firm D
Boinic selected firm D,but firm D underperformed realtive to benchmark, which is commission error
it is important to measure due to its explicity
type II error is firm B
Boinic did not select firm B,but firm B outperformed realtive to benchmark,which is omission error
这个答案可以吗