HR Analytics Flashcards

1
Q

Chi Square

A

1 or two Categorical Variable

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2
Q

Hypothesis

A

Validate our Assumption (assumption can be arrived from experience or research details or general practice)

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3
Q

Null Hypothesis
Alternative Hypothesis

A

Status Quo
Investigation will be Alternative (this will have significant)

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4
Q

Type 1 & Type 2 Error

A

Type 1 (false positive): Accept null when its Wrong
Type 2 (false negative): Reject null when its Right

  • probability of making type 1 error is significant (p - 5%,1%, 0.1%)
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5
Q

Logistic regression

A

Dependent - Binary (yes or no)
Interdependent - one or more category / continuous

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6
Q

Regression

A

How Independent Variable effects Dependent Variable

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7
Q

Independent samples t-test

A

Continuous variable
Categorical binary (two groups)

Graph Selection
-> Large / Small Var < 4 = Equal Variance
-> Large / Small Var > 4 = Non Equal Variance

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8
Q

Paired sample t-test

A

Continuous variable
One group but sampled at two different times

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9
Q

One sample t test

A

Continuous variable
One group One Time frame

S.E : S.D / Sq.Rt (n)
Tset = (X-Bar -u) / S.E
Pvalue = T.Dist.Rt (X,deg.freedom)

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10
Q

One way ANOVA

A

1 Continuous Variable
One categorical variable with three or more groups

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11
Q

Simple correlation/regression

A

continuous variable 1 for correlation
One continuous dependent variable for regression)

continuous variable 2 for correlation
One continuous independent variable for regression

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12
Q

Multiple regression

A

Continuous Dependent variable
Two or more continuous Independent variables

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13
Q

Reject Null Hypothesis

A

p < 0.05
Tcritical < Tsat

Regression:
p < 0.05
zero should not come in betwen

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14
Q

Two way ANOVA

A

1 Continuous Variable
Two Categorical Variable and Inside you have 3 or more group.

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15
Q

Descriptive Analyze

A

Chi-square
T-Test
One Way Anova
Co-Relation

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16
Q

Predictive Analyze

A

Regression

Cause & Effect
Independent affect Dependent

17
Q

Factor Analyze

A

It category the question
Item - Question ; Factor - Category
Condition: 1:10 and min 100 samples size

18
Q

Factor Analyze Variance

A

Common Variance
Specific Variance
Error Variance

19
Q

Factor Analyze - Number of Factor Consideration

A

Factor Loading: Co-Relation Co-Efficient >= 0.7
Cross Loading: Sharing between two factors.
Scree Test: Elbow Curve Cut it Out

20
Q

Factor Analyze - Explanatory & Confirmatory

A

Explanatory: you don’t know the underline structure (category)
Confirmatory: you know the underline structure (category)