Question: Data Analytics Assignment #2 (based on chapters 1 & 2) Two organizations were attempting to reduce absenteeism. They implemented the following solutions: Organization 1: Offer

 Data Analytics Assignment #2 (based on chapters 1 & 2) Two

Data Analytics Assignment #2 (based on chapters 1 & 2) Two organizations were attempting to reduce absenteeism. They implemented the following solutions: Organization 1: Offer healthy snacks in the vending machines and free fruit and veggie trays every MWF. This will cost the organization $5,000 per calendar year. Organization 2: Offer employees reimbursement for their gym membership fees up to $75 per month. This could potentially cost the organization $100,000 per calendar year if all employees take advantage of the program. Assume that both options when implemented resulted in a 5% reduction in absenteeism in the same calendar year. 1) 2) 3) Utilizing the concept of a cost benefit analysis, which option is more efficient? Why? Which option is likely more attractive to potential employees in your opinion, why? Assume that organization 2's strategy only yielded a 2% reduction in absenteeism, would the investment still be worth it, in your opinion? (please use some form of quantitative analysis to justify your opinion) What pieces of information would you need in order to better understand the financial impact of these options? What other factors could potentially impact absenteeism aside from the health of employees? 4) 5) How could you ensure these were not factors in the analysis that indicated a 5% reduction in absenteeism? (i.e. how do you prove causation?)

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