Chapter 3.7-Data & Analytics Flashcards

1
Q

What is the prerequisite for selecting a data visualization technique?

Understanding the revenue of the organization and how much the organization is willing to invest. Understanding to what extent the organization relies on data for making decisions.
Understanding the market responsiveness, demand, and supply of a product.
Understanding how the organization response to your competitors in the market.

A

Understanding to what extent the organization relies on data for making decisions.

TD professionals should have an understanding of how data driven their organization is prior to selecting a data visualization technique.

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2
Q

An organization relies heavily on digital technology; it has a focus on the future and his organizationally agile. The organization also encourages experimentation and innovation. Based on the information provided, what can we conclude about this organization?

The organization is unresponsive to the current market.
The organization relies on traditional business practices.
The organization is strongly data driven.
The organization encourages a fixed mindset attitude.

A

The organization is strongly data driven.

The information provided shows that the organization is data driven. The five factors that define a data driven organization are: strong company culture, having an experiment Tatian mindset and objectively learning from failures, having a digital technology influence, having a focus on the future, and being organizationally agile.

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3
Q

What is the importance of data visualization in an organization?

It helps managers to effectively delegate work between team members.
It helps to analyze various trends and uncertainties that could potentially harm the organization
. It helps to create strong communication channels within the organization.
It helps to understand complex statistics that aids management and decision making.

A

It helps to understand complex to statistics that age management and decision-making.

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4
Q

A TD professional wants to use a data visualization technique to present data on employee performance in an organization. What is the prerequisite for doing this?

Documenting the performance review information from the leaders.
Building a predictive model with a performance data of employees.
Creating a training plan based on the performance of employees.
Collecting and analyzing the performance data of employees.

A

Collecting and analyzing the performance data of employees.

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5
Q

Which visualization technique is best suited to depict information about the order in which tasks are performed in an organization?

Heat maps.
Process flow diagrams.
Ben diagrams.
Scatterplots.

A

Process flow diagrams.

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6
Q

A TD professional is asked to depict wage differences a different leader ship levels for a period of five years. Which data visualization technique show the TD professional utilized to represent this data effectively?

Stacked bar charts.
Venn diagrams.
Bubble charts.
Pie charts.

A

Bubble charts highlight the relationship between multiple variables.

Pie charts and stacked bar charts represent data as a composition of a whole. Venn diagrams depict connections between two factors.

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7
Q

A TD professional is asked to present month wise data depicting the number of employees who exited the organization from a period of February to December. Which data visualization technique can the TD professional use to present this information effectively?

Neural networks.
Tree maps.
Histograms.
Network diagrams.

A

Histograms.

Histograms provides an accurate depiction of the distribution of a single variable.

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8
Q

A TD professional wants to understand different variables and the influence they have on the performance of team members. Which visualization technique can the TD professional used to understand the same?

Word clouds.
Neural networks.
Heat maps.
Venn diagrams.

A

Heat maps.

Heat maps depict connections among different variables using colors. Word clouds are used for text analytics, and Venn diagrams and neural networks are not applicable for the provided scenario.

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9
Q

Which data visualization technique would be ideal for representing the number of people over the age of 40 in each department of the organization?

Word clouds.
Pie charts.
Venn diagrams.
Histograms.

A

Pie charts.

Pie chart represents data as a composition of a whole. Histograms represent the distribution of a single variable. Venn diagrams represent connections among variables, and word clouds are used for text analytics.

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10
Q

A TD professional is asked to present the correlation between the number of annual levels taken by employees and the number of years they have worked in the organization. Which data visualization technique should the TD professional use to effectively detect the data?

Radar charts.
Neural networks.
Pie charts.
Scatter plots.

A

Scatterplots.

Scatterplots depict that affect one variable has on another available. Radar charts require a minimum of three variables; pie charts are used to represent a variable as part of a whole; and neural networks are not visualization techniques

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11
Q

When working with a stakeholder to develop a talent analytics plan, what should the TD professionals primary purpose be?

To assess the stakeholders needs and requirements. To define the TD professionals role and future analytics projects.
To assist a stakeholder in selecting data visualization techniques.
To appraise a stakeholder of the TD professionals requirements.

A

To assess the stakeholders needs and requirements.

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12
Q

A TD professional is developing a talent analytics plan for an organization. The TD professional needs to create a framework for the data analysis plan. What does a TD professional need to do to be able to develop the data analysis plan?

Optimize the employees engagement experience. Construct organization silos to better study the employees.
Establish the goal of the client.
Optimize the job person fit.

A

Establish the goal of the client.

This information helps to develop the framework for the data analysis plan.

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13
Q

A TD professional is working on the development of a talent analytics plan for an organization. What should the framework of the plan be based on?

The type of data currently available.
The stakeholders requirement.
The organizations hierarchy.
The organizations previous talent analytics reports.

A

The stakeholders requirement.

When working with a stakeholder, the purpose is with a stakeholder wants and needs to know: the goal, need, or requirement. This form is a framework for the data in La analyst plan.

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14
Q

A TD professional has completed developing the framework for the data analysis. The TD professionals next step is to start a stakeholder analysis. Which skill will the TD professional specifically need during the stakeholder analysis.?

Gap analysis
needs assessment
performance analysis
capabilities assessment

A

Needs assessment.

While all the given skills are relevant to a TD professional, the skill the TD professional needs a mouse to perform a stakeholder analysis is a needs assessment.

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15
Q

A TD professional is conducting a stakeholder analysis for an organization. The TD professional has identified the stakeholders for the analysis. What should the TV professional do next?

Engage a single stakeholder from the top level of the hierarchy.
Determine the stakeholders influence.
Analyze stakeholder behavior patterns.
Ask the organization to designate a single stakeholder.

A

Determine the stakeholder influence The TD professional should determine the stakeholder’s power and influence and segment the stakeholder group. Analyzing stakeholder behavior patterns is related to performance improvement. TD professionals should try to engage multiple stakeholders

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16
Q

A TD professional is conducting a stakeholder analysis as part of developing a talent analytics plan what is the first step the talent development professional need to take when conducting a needs assessment during the stakeholder analysis?

Identifying the stakeholders.
Setting clear measurement priorities.
Optimizing the employee engagement experience. Evaluating the effectiveness of employee policies.

A

Identifying the stakeholders.

Identifying the stakeholders is one of the two most critical steps a TD professional needs to take when conducting I need assessment during a stakeholder analysis. The other step is to determine the stakeholders power and influence.

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17
Q

In the contacts of a stakeholder analysis, what should a TD professional use as a basis of segmentation all the stakeholder group?

Personality.
Salary.
Department.
Tenure.

A

Department.

A TD professional can use a department, such as sales, marketing, or operations, as a basis for segmentation of a stakeholder group.

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18
Q

An organization has asked a TD professional to develop a talent analytics plan. The TD professional segments the stakeholder group based on the official job titles other stakeholders. What has the TD professional use as a basis for segmentation?

Hierarchy.
Department.
Decision making style.
Function.

A

Hierarchy.

This is based on job titles, such as team leads, department head, or directors.

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19
Q

A TD professional has identify the stakeholder group and determine the individual stakeholders power and influence. In which situation should a TD professional segment the stakeholder group based on decision making authority?

The authority increases with the increase in the hierarchal level.
The company has a completely flat structure, with no departments.
The stakeholder group has responsibilities across various departments.
One department has a higher stakes another.

A

The stakeholder group has responsibilities across various departments.

The TD professional shit segment a stakeholder group based on decision making authority on the stakeholder group has responsibilities across various departments. Partman has a higher state than the other, the TD professional should use department as a basis of segmentation. If the authority increases with the increase of the higher Archail level, the TD professional should use hierarchy as the basis of segmentation. If there are no departments or levels in the organization, the TD professional should look for a type of segmentation that is specific to the organizations needs.

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20
Q

RTD professional is conducting a stakeholder analysis for an organization where the stakeholder group consist of managers who all share responsibility for the sales, marketing, finance, and operations departments. What should the TD professional use as a basis to segment of the stakeholder group in the situation?

Function.
Decision making authority.
Organizational hierarchical structure.
Tenure.

A

Decision making authority.

The TD professional should use decision making authority as a basis to segment of a stakeholder group and the situation, as a stakeholder group has responsibilities across various departments. Organizational hierarchical structures and functions are used as a basis for segmentation but are not recommended with the group has responsibilities across various departments. tenure is not used as a basis for segmentation.

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21
Q

A TD professional collects employees performance scores, improvement ratings and other related data to analyze last year’s employee performance in an organization. As part of the process of analyzing the data, what should the TD professional be doing?

Store the data on employee performance in a safe place to ensure confidentiality.
Use visual presentation to make the data appealing for the future audience.
Find correlations between employee performance and factors that influence it.
Set clear measurement standards for employee performance.

A

Find correlations between employee performance and factors that influence it.

Finding correlations between variables is an important part of the data analysis process. Setting clear measurement priorities is not a part of the data analysis process. This step is conducted before data is collected. Determining how data is stored and filed is part of the collection process and not analysis process. Using visual presentation to make the data appealing is part of interpreting the results.

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22
Q

A TD professional of an organization gathers data on trainings and mentoring sessions attended by employees, new learning activities employees have participated in, employees performance scores, and growth potential. As a part of the data analysis process, what technique when most help the TD professional to identify useful information and conclusions from the data?

Texture mapping.
Cloud computing.
Color mapping.
Data manipulation.

A

Data manipulation.

Data manipulation is used to find correlation between variables and thus, in this scenario, it’s most likely to help the TD professional at identify useful information and conclusions from the data. Color mapping refers to the choice of colors that are linked to specific data. It is a data visualization method and not a data analysis method. Texture mapping as a visualization technique used specifically to define high frequency details and two dimensional images. Texture mapping is a graphic design process and not a data analysis technique. Cloud computing is related to Data storage, not data analysis.

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23
Q

A TD professional is part of a project in which the TD professional needs to quantify safety and accident risk. The TD professional sets clear measurement goals, including how to measure risk and what the acceptable safety level is. The TD professional also collects, analyzes, and interprets the data. What precaution must the TD professional ideally take before interpreting the data?

Collect a different set of data to validate the results. Examine the assumptions made.
Defined the questions that need to be answered. Share the data with all employees for verification.

A

Examine the assumptions made.

It is important for TD professionals to examine the process used any assumptions be before starting to interpret results. TD professionals must not share confidential project information with all employees. Collecting a different set of data to validate the results is usually advisable after the first set of data is interpreted. Questions need to be define before setting clear measurements.

24
Q

What should a TD professional due to overcome the pitfalls of initial data analysis?

Avoid calculating the mode of a data set.
Calculate the mean instead of the median of a data set.
Start with the conclusion to easily identify data patterns.
Avoid unconscious bias while dealing with data.

A

Avoid unconscious bias while dealing with data.

Some of the most common pitfalls of initial data analysis include over using the mean and avoiding the mode and median, unconscious bias, and jumping to conclusions. It is advisable to reach a conclusion after interpreting the data and not use the conclusion as a starting point. Chu Chu

25
Q

A TD professional analyzes the hiring data for the past five years of an organization to improve is hiring decisions, predict future workforce requirements, and match work experience to job success. Before interpreting the results, which precaution should the TD professional ideally undertake?

Establish the data is a sample size to know the total number of surveyed candidates.
Define the questions that need to be answered clearly and concisely.
Quantify the numbers after qualitative data is compiled.
Set clear measurement priorities.

A

Establish the data sample size to know the total number of surveyed candidates.

Before interpreting the results, TD professionals must ensure having information about the number of respondents and the total number that describes the ideal respondents. This provides a sample size of the data. Defined the questions that need to be answered should be done before the collection of data. Qualitative data should ideally be compiled after the numbers are quantified. The task of setting clear measurement priorities should be done before collecting data.

26
Q

An organizations goal for the financial year is to improve the quality of customer service by 30%. The organization compares its own customer service processes against those of its largest competitor in the industry. Which process is the organization using to improve its customer service?

Benchmarking.
Clustering.
Hypothesis testing.
Standardizing.

A

Benchmarking.

Benchmarks are standard against which things may be compared or assessed benchmarks could be a comparison to the last survey, other organizations data, our best practices. Hypothesis testing as a statistical method of testing an assumption regarding a parameter. Standardization is a process through which an organization makes its processes uniform across all departments. Clustering is the capability to define resources on one or more interconnected systems.

27
Q

A TD professional uses data visualization techniques to present information on factors that prevent employees from performing assign task in the last year. The TD professional uses bar graph to show the various factors and it’s percentage of occurrence. In this scenario, what is the TD professionals primary purpose of using graphs to deliver the information?

Showing the correlation between the various factors. Encouraging a visual comparison of the different factors.
Encouraging the audience to think about the method used to create the graph.
Avoiding presenting a broad overview of the results.

A

Encouraging a visual comparison of the different factors.

Graphs encourage that I took compare different pieces of data. Bar graphs show the distribution of a single variable instead of the correlation between variables. Graphs should induce viewers to think about the message rather than the Methodology, graphic design, and technology used to create the graphic. Graphs reveal the data at several levels of detail, from a broad overview to the fine structure.

28
Q

Which of these actions should a TD professional take to tell an effective story using data visualization?

Avoid the use of benchmarks.
Use multiple, varied colored pallets to tell the story. Use similar colors for the text and the background. Provide context for information.

A

Provide context for information.

TD professionals can create a story by providing context with the statistics, such as comparing data to a previous year and using benchmarks to show comparisons.

Using a consistent color palette and a contrasting background color are data visualization principles that should be followed.

29
Q

What is the difference between diagnostic analytics and predictive analytics?

Diagnostic analytics uses descriptive and predictive data, while predictive analytics does not.

Diagnostic analytics and close a summary of historical data, while predictive analytics offers the best action to influence a different outcome.

Diagnostic analytics explains why something happened, while predictive analytics identifies what will happen in the future.

Diagnostic analytics focuses on what happened, while predictive analytics focuses on why something happened.

A

Diagnostic analytics explains why something happened, while predictive analytics identifies what will happen in the future.

Diagnostic analytics assesses the data to identify why something happened, where as predictive analytics predicts what will happen in the future

descriptive analytics focuses on what happened, not diagnostic analytics.

Predictive analytics uses descriptive and predictive data.

Descriptive analytics includes a summary of historical data, prescriptive analytics offers the best action to influence a different outcome, not predictive analytics

30
Q

One of the key concerns of an organization is high attrition rate. Last year, the attrition rate was at 25%. A TD professional is assigned the task of analyzing attrition data and recommending strategies to bring attrition rates down. The TD professional assesses the different reasons behind why employees left the company: lack of professional growth, better work opportunities, and pursuing higher education, among other reasons. Which data analytics method is the TD professional using?

Diagnostic analytics.
Predictive analytics.
Descriptive analytics.
Prescriptive analytics.

A

Diagnostic analytics.

In this scenario, the TD professional uses the diagnostic analytics method, which focuses on why something happened. Descriptive analytics explains what happened. Predictive analytics predict what will happen in the future. Prescriptive analytics shows how to make something happen.

31
Q

RTD professional is planning to begin and analytically enable to function in an organization for the first time. What type of project should the professional pick?

A project with complicated performance parameters. A business problem with a clear outcome.
A highly politicized business problem.
A long-term project his outcomes are not immediately apparent.

A

A business problem with a clear outcome.

When TD first get started with creating and analytically unable to function, early project selection should ideally benefit both TD and the identified stakeholder. If this is an early experience with analytics, TD professionals should identify a business problem that has a clear outcome. It should not be too complicated, and Tete should have access to the required data.

32
Q

A TD professional is trying to identify an ideal project to increase and organizations use of talent development dashboards. Which project to the professional pick?

A project of Experimental nature that requires constant funding.
A long-term project his outcomes are not immediately apparent.
A business goal that is controversial with the organizational stakeholders.
A project his outcomes include a reduction in cost to the organization.

A

A project his outcomes include a reduction in cost to the organization.

When T first get started with creating and analytically unable to function, early project selection should ideally benefit both TD and identified stakeholder. If this is an early experience with analytics, TD professionals should identify a business problem that has a clear outcome. And early project should also be something that is important to the C suite, such as reducing costs or increasing sales.

33
Q

Which business analytics project is best suited in an organization just beginning to implement analytics initiatives?

A quick win plan that demonstrates the business impact.
A business goal that has not yet reach consensus with management.
Initiative that will involve a three-year wait for the results.
A project that has significant political implications.

A

A quick win plan that demonstrates the business impact.

When TD first get started with creating an analytically enable function, early project selection should ideally benefit both TD and the identified stakeholder. An ideal TD project will have two qualities. First, it is a quick win, such as something that improves an existing process. This means that it will be able to demonstrate success rather than trying to improve something in the future and waiting for the results. Second, the project should be something that uncover is an insight or has a business impact that will create interest by Senior level leaders. To increase the chances of success, TD professionals should avoid anything that may be politically charged.

34
Q

A TD professional is starting an analytics project in an organization. What should be the first step of the project?

Defining the questions that needs to be answered. Analyzing data with software.
Collecting relevant data.
Setting clear measurement norms and priorities.

A

Defining the questions that needs to be answered.

Once an Analytics project is selected, TD professionals should be gone by using a clear process that includes five steps. Step one is to define the questions that need to be answered. Step two is to set clear measurement priorities. Step three involves collecting relevant data. Step four includes analysis of the data obtained using a software. The final step is to interpret the results.

35
Q

A TD professional has selected a project for an analytics initiative. The professional has clearly defined the question that needs to be answered. What should the TD professional do next?

Find information existing and current databases. Collect data from appropriate sources.
Set clear priorities for measuring data.
Establish correlations between factors.

A

Set clear priorities for measuring data.

Once the question has been clearly defined, the TD professional should set clear measurement priorities before collecting any data. This includes determining what to measure and how to measure it. Finding information existing and current data bases is part of collecting data. Establishing correlations between factors is part of analyzing the data which is done after collecting the data.

36
Q

A TD professional has began an analytics project in an organization. The TD professional is manipulating data using software to create graphs and pie charts to visually represent the fightings. In this scenario, which stage of gathering and organizing data is the TD professional engaged in?

Setting clear measurement priorities.
Collecting required data.
Interpreting the results of data manipulation. Analyzing the data.

A

Analyzing the data.

The TD professional is analyzing the data in the given scenario. At this stage, the professional manipulates data in several ways, such as creating pivot tables, plotting it, or finding correlations. Setting clear measurement priorities includes determining what to measure and how to measure it. Collecting required data involves asserting what information exist in current databases, how the data is stored and filed, and how to collect the data. The TD professional interprets the results after analyzing the data. This involves determining if the original question has been answered.

37
Q

A TD professional is completing an analytics project in an organization. What should be the final step of the project?

Interpreting the results of data manipulation. Analyzing data with software.
Defining the question that needs to be answered. Collecting relevant data.

A

Interpreting the results of data manipulation.

Once an analytics project is selected, TD professionals she began by using a clear process that includes five steps. Step one is to define the question that needs to be answered. Step two is selling clear measurement priorities, including determining what to measure and how to measure it. Step three involves collecting relevant data. Step four includes analysis of the data obtained using a software. The final step involves interpreting the results of data manipulation to check whether the original question has been answered.

38
Q

A TD professional is meeting with the organization senior leaders to determine future analytics projects. When making recommendations of projects, what should the TD professional remember?

Pick projects who is goals align with organizational success.
Select projects that involved as few stakeholders as possible.
Pick projects that are highly politicized.
Select projects having maximum short term value.

A

Pick projects who’s goals align with organizational success.

Ultimately, T professionals should establish a portfolio of analytics project by meeting senior leaders or other stakeholders to see how these projects could deliver short and long-term value for the organization. TD professionals should be prepared to make recommendations about the projects based on both the level of impact and the ease of implementation, alignment with organizational success, engagement with multiple stakeholders, and their support requirements. Projects that are highly politicized or having only short term value should be avoided.

39
Q

What ensures that organizational leader ship will view TD as a valuable resource?

The TD professional clearly demonstrating how the talent strategy differs distinctively from the business strategy.
The TD professional assuring senior leaders that the definition of success differs with each new analytics project.

The TD professional demonstrating a clear understanding of the organizations business objectives and as expected outcomes.

The TD professional providing the talent development requires as few stakeholders as possible.

A

The TD professional demonstrating a clear understanding of the organizations business objectives and as expected outcomes.

The TD strategy should a line to how the organization succeeds. This means that the TD professional should have a clear understanding of the organization; how it makes money; or if it’s a nonprofit, what it is expected to accomplish. This ensures that the leader ship will be interested in the results and help to demonstrate that Teddy is a valuable resource. TD requires multiple stakeholders and there’s a line to the business strategy.

40
Q

Who are TD’s key stakeholders?

The community in which the organization functions.
The markets that are a for-profit organization serves. Organizational leaders and business department heads.
Employees of the organization.

A

Organizational leaders and business department heads.

TDs key stakeholders are the organizations leaders and the business department leaders home talent development serves.

41
Q

A TD professional believes that to be able to represent data of an organizational effectively, it would help if the organization is data driven. What factors defines a data driven organization?

The organization should focus on the present over the future.
The organization should have employees from next ethnicity.
The organization should objectively learn from failures.
The organization should take small steps and progress slowly.

A

The organization should objectively learn from failures.

42
Q

A TD professional is creating an annual business report for an organization. The TD professional wants to represent the number of client escalations that have been recorded in the past financial year. Which data visualization technique would be best for this purpose?

Bar graph.
Heat map.
Scatter plot.
Venn diagram.

A

Bar graph.

Bar graphs are used to present categorical data with rectangular bars with heights and links proportional to the data points they represent. They are used to compare data or track changes over time.

43
Q

A marketing manager is creating a project report on the rate of sales across the company is different outlets. The marketing manager wants to represent the rate of sales per outlet and wants to use a technique that would plot numerical data based on locations and where are the different data values would be represented as colors. Which visual element for data visualization would be best for the marketing manager.?

Line chart.
Building diagram.
Venn diagram.
Heat map.

A

Heat map.

A heat map is used to represent data points on a geographical map. The data points are represented as different color intensity’s.

44
Q

A TD professional is conducting a stakeholder analysis. What should the TD professionals first step be?

Segmenting the stakeholders into groups based on the hierarchy in the organization.

Conducting a survey to identify the main issues of the stakeholders face.

Identifying the stakeholders and determining the stakeholder’s power and influence.

Analyzing the data and presenting a report to the management of the organization.

A

Identifying the stakeholders and determining the stakeholders power and influence.

45
Q

A TD professional has been hired to develop a talent analytics plan for a client. The TD professional schedules a meeting with a client before beginning on the framework of the data analysis plan. What should the TD professionals main goal for the meeting be?

To establish the code of ethics to be followed.
To establish the proposed solution.
To establish the clients goal.
To establish communication norms.

A

To establish the clients goal.

The most important purpose of the meeting is to establish the clients requirements. The TD professional should find out what the stakeholder wants and needs to know: the goal, need, or requirement. This information forms the framework for the data analysis plan.

46
Q

A TD professional is developing a talent analytics plan for a company that has multiple stakeholders. The TD professional needs to conduct a broader than typical stakeholder analysis. What should the TD professional do?

Conduct a performance analysis other stakeholders. Segment to the stakeholder group.
Engage a single stakeholder.
Ask the client to pick the most important stakeholder.

A

Segment the stakeholder group.

The TD professional shed segment the stakeholder group. The TD professional can segment the group based on hierarchy, function or department, or decision making authority.

47
Q

A TD professional has segmented the stakeholder group based on the hierarchy in a manufacturing firm. What are the likely segments that the TD professional has used?

Operators, reviewer’s, and testers.
Purchase, production, and finance.
Sales, marketing, and finance.
Directors, line managers, and supervisors.

A

Directors, line managers, and supervisors.

Segmentation based on hierarchy is based on job titles, such as team leads or department leads.

48
Q

IA TD professional is developing a talent analytics plan for a company. The TD professional segments the stakeholder group based on the functions the stakeholders perform in the company, such as accounting and finance, marketing, and operations management. What has a talent development professional use as a basis for segmentation?

Decision making authority.
Department.
Budget.
Hierarchy.

A

Department.

The TD professional has used department as a basis of segmentation. Segmentation based on department is based on the department a person works for, such as accounting and finance, marketing, and operations management.

49
Q

A TD professional as conducting a stakeholder analysis in which multiple stakeholders are involved. The stakeholder group has responsibilities across various departments of the company. On what basis should the talent development professional segment the stakeholder group?

Decision making style.
Department.
Decision making authority.
Function.

A

Decision making authority.

When the stakeholder group has responsibilities across various departments of the company, the TD professional should segment the stakeholder group based on the decision making authority.

50
Q

A TD professional assess is the sales data of an organization to identify sales trends and the last financial year and forecast future sales. The TD professional create a pivot table for data sorting and filtering using different variables. In this scenario what is the TD professional doing?

Setting clear measurements.
Benchmarking the results.
Using data visualization to tell a story.
Analyzing data to find correlations.

A

Analyzing data to find correlations.

Creating a pivot table allows for data sorting and filtering using different variables. The tool makes it easier to identify patterns in data. In this scenario, the TD professional is analyzing the data to find correlations.

51
Q

What are these points should TD professionals keep in mind to handle data effectively?

Change the sample size of a data to ensure the desired correlation between variables.

Begin the data analysis process with clear, concise conclusions.

Use qualitative data to provide a rationale for quantitative data messages.

Avoid using the mode and median and instead use the mean.

A

Use qualitative data to provide a rationale for quantitative data messages.

Qualitative data should be compiled after the numbers are qualified. It should be used to provide a rationale for the qualitative data message.

52
Q

An organization adopt a new talent acquisition strategy for all open positions in the company. In the following financial quarter, employee performance improves. A TD professional is asked to collect and analyze data defined if there’s a correlation between the new talent acquisition strategy an employee performance. To analyze the data, the TD professional decides to focus on the performance of seen your mail please. Which pitfall of data analysis is most likely demonstrated in this scenario?

Incorrect data collection.
Bias Blindspot.
Starting with a conclusion.
Unconscious bias.

A

Unconscious bias.

Unconscious bias stems from social stereotypes and beliefs about social groups. In this scenario, the TD professional focuses on the performance of only a specific group, that’s exhibiting unconscious bias.

53
Q

A TD professional needs to present an organizations data related to hiring stats. The TD professional believes that the extensive data can be presented effectively using graphs. Which feature of graphs with strengthen the TD professionals belief?

Graphs revealed a broader picture and do not focus on smaller details.
Graphs can over simplify data and lead to the misinterpretation of data
graphs clearly reveal the causes behind data and do not need further explanation.
Graphs make large data sets coherent and easily comprehensible

A

Graphs bank large data sets coherent and easily comprehensible.

54
Q

TD professional works with the senior leaders of an organization to analyze data on employee performance. By using analytics, the TD professional and senior leaders forecast the percentage of high potential employees in each department who are most likely to excel in roles and are prepared for taking up greater responsibilities. Which technique is used in this scenario?

Diagnostic analytics.
Predictive analytics.
Regression analytics.
Prescriptive analytics

A

Predictive analytics.

Predictive analytics predicts what will happen in the future. In this scenario, the TD professional and senior leaders predict which employees will excel on their jobs.

55
Q

The sales data of an organization show unexpected fluctuations over the last five years. A TD professional uses diagnostic analytics by sifting through stored sales data. Which is a benefit of using this technique of data analytics?

It shows how to stabilize sales over the next five years.
It focuses on the reasons behind sales fluctuations.
It lists different strategies to increase sales.
It forecasts the behavior of sales data for the next five years.

A

It focuses on the reasons behind sales fluctuations.

Diagnostic analytics examines dad at identify why something happened. In this scenario, by focusing on the reasons behind sales fluctuations, diagnostic analytics highlights why something happened.

56
Q

A TD professional has started an analytics project in an organization and is determining what to assess and how to assess. Which step of gathering and organizing data is a project currently in?

Step 1: determining the questions that need to be answered.
Step 2: setting clear measurement priorities.
Step 3: collecting data.
Step 4: analyzing data.

A

Step 2: setting clear measurement priorities.

Once an analytics project is selected, TD professionals should use a clear process that includes five steps. Setting clear measurement priorities, including determine what to measure and how to measure it is step two of the gathering and organizing data process

57
Q

A TD professional has began an analytics project in an organization. The TD professional is studying the production methods and processes to identify a problem that can be solved. What is the TD professional doing if the project is in the first step?

Setting clear measurement priorities.
Collecting required data.
Determining questions that need answers. Interpreting the results of data manipulation.

A

Determining questions that need answers.

TD professionals should begin an analytics project by using a clear process that includes steps. The first step is determining the questions that need answers.