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.

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2
Q

Data Mining

A

Process of sorting through large data sets to identify patterns and relationships that can help solve business problems.

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