Descriptive, predictive, and prescriptive statistics allow us to manage tomorrow, today (Pease, Byerly Fitz enz, 2012) They can help us see what currently is and show us a path on how we can be more successful tomorrow To complete this Assignment, review the Learning Resources for this week and other resources you have found in the Walden Library or online, then respond to the following bullet points What is the goal of a descriptive statistic Provide an example of a descriptive statistic HR may use (besides turnover) Identify another variable that can be employed to provide more insight (Pease, Byerly and Fitz enz refer to this as stats on steroids) Imagine you could look into the future to see if trends continue What impact could an understanding of this data have for the organization

Question: Descriptive, predictive, and prescriptive statistics allow us to manage tomorrow, today (Pease, Byerly & Fitz-enz, 2012). They can help us see what currently is and

Descriptive, predictive, and prescriptive statistics allow us to “manage tomorrow, today” (Pease, Byerly & Fitz-enz, 2012). They can help us see what currently is and show us a path on how we can be more successful tomorrow.

To complete this Assignment, review the Learning Resources for this week and other resources you have found in the Walden Library or online, then respond to the following bullet points:

What is the goal of a descriptive statistic?
Provide an example of a descriptive statistic HR may use (besides turnover).
Identify another variable that can be employed to provide more insight (Pease, Byerly and Fitz-enz refer to this as “stats on steroids”).
Imagine you could look into the future to see if trends continue. What impact could an understanding of this data have for the organization?

Step by Step Solution

★★★★★

3.39 Rating (155 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Descriptive statistics serve the purpose of summarizing and organizing data in a meaningful way to p... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

importance of workalike balance for women as a leader in healthcare. 1. The purpose of the research; 2. Research question/s; 3. Findings and relevant data; 4. Any recommendations and; 5. The...

Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...

I want you to summerize these 7 items. !Please be different from other answers! !Please get a little quick! Thanks. You should summarize the 7 items in the photo. Max 125 words! reading 1....

You should summarize the 7 items in the photos. Max.250 words! !Different answer another chegg answer please! 1. Introduction currently missing from the literature (Trioman et al. 2010: De mirkan and...

General guidelines of writing for APA style: 1. All verbs referring to your study (and the studies of others) should be in past tense . 2. Do NOT paste quotations longer than 2 words. Paraphrase, but...

I need a 10 page paper for my MIS class. Please do not copy and paste as my school is getting stricter on plagiarism. I have attached the assignment and the sample \fData Analytic Thinking 1 Data...

Pretty simple just answer the questions below its only 2 of them attached are the reference materials you'll need to site apa style format from Chapter 11: 11.2 #2 (p. 276) Also answer this question...

Assistive technology enables dreams. Mathew Lee (personal communication) Assistive technology (AT) provides powerful tools used to diminish disability, enable activities of daily living (ADLs), and...

Published by CQ Press, an Imprint of SAGE Publications, Inc. www.cqresearcher.com Future of Cars Are Americans ready for self-driving vehicles? C ars that drive themselves, long a staple of science...

Answer questions 1-3 using the given Note: To write your answer, 1. What is the representation of "u"? U= 2. What is "du"? du = S 3. Evaluate: dx 5x3 8 5 x (6+4 In 9x) S; dx = 5 x (6 + 4 In 9x)...

The accounting records of Steven Corp., a real estate developer, indicated income before taxes of $850,000 for its year ended December 31, 2011, and of $525,000 for the year ended December 31, 2012....

f G ( x ) = integral top x bottom 0 1 5 sin ( ln ( t ) + t ^ 2 ) dt , what is G ' ' ( x ) ?

A pendulum is suspended from the cusp of a cycloid* cut in a rigid support (Figure 3-A). The path described by the pendulum bob is cycloidal and is given by x = a (Ã - sin Ã), y = a...

Air enters the compressor of a gas-turbine engine at 300 K and 100 kPa, where it is compressed to 700 kPa and 580 K. Heat is transferred to air in the amount of 950 kJ/kg before it enters the...

A Brayton cycle with regeneration using air as the working fluid has a pressure ratio of 7. The minimum and maximum temperatures in the cycle are 310 and 1150 K. Assuming an isentropic efficiency of...

To approximate an actual spark-ignition engine consider an air-standard Otto cycle that has a heat addition of 1800 kJ/kg of air, a compression ratio of 7, and a pressure and temperature at the...

While emptying a wheelbarrow, a gardener exerts on each handle AB a force P directed along line CD. Knowing that P must have a 30-lb horizontal component, determine (a) The magnitude of the force P,...

Question 2 6 Riches and beauty do not lead to happiness in the long run because of Selected answer will be automatically saved. For keyboard navigation, press up / down arrow keys to select an...

Working in pairs, find the longest-running alliance relationship your research can find. Present its secrets for such longevity.

Why is entrepreneurship most often associated with SMEs as opposed to large firms?

You are CEO of Apple, whose smartphones are all assembled in China (although designed in California). The average retail price of an iPhone in the United States is about $800, and China only...

John has played his music loudly for years. Now, in his 20s, he finds he has a continuous ringing in both of his ears. What would John probably be diagnosed with? a. tinnitus, which is a nerve-based...

A deers inability to quickly respond to the headlights of an approaching car is due to what sensory phenomenon? a. afterimage b. light adaptation c. dark adaptation d. opponent-process theory

If a child suffers from congenital analgesia, why must he or she be careful when outside playing? a. The childs sense of smell does not work properly. b. The child often cannot hear sounds unless he...