HR Metrics Flashcards
1
Q
4 main types of data analysis
A
Descriptive - what happened
Diagnostic - why did it happen
Predictive - what is likely to happen in the future - is converts raw data into cleaned data using algorithms.
prescriptive - best course of action - builds on all of the above 3.
2
Q
Data Mining
A
Process of sorting through large data sets to identify patterns and relationships that can help solve business problems.