• Describe the role and value of using statistics. What are the benefits for a manager? What are the benefits for the employees?
• Summarize measures of central tendency and how they helped you assess the productivity of the employees listed in the data set.
• Explain how statistical data results will help you make future informed decisions about the employees. Include relevant details and/or examples to support your ideas. Consider the following topics:
• Motivating/rewarding employees
• Addressing issues in productivity
• Identifying tools/resources for employees
• Identify an additional use for using measures of central tendency to monitor performance for these employees. What unit of analysis or data might you use? What purpose would this data serve? What are the benefits of this data for the employer or employees?
• Describe 1-2 limitations or challenges to using measures of central tendency in a decision-making or supervisory role.

 

Answer rating: 100% (QA)

1 Role and Value of Statistics Statistics plays a crucial role in decisionmaking and problemsolving processes for managers and employees alike It provides quantitative insights and objective evidence ... View the full answer