Question: Match the statistical techniques used in HR forecasting ( in the left column ) with their descriptions ( in the right column ) . Trend
Match the statistical techniques used in HR forecasting in the left column with their descriptions in the right column
Trend analysis
Trend analysis drop zone empty.
Ratio analysis
Ratio analysis drop zone empty.
Regression analysis
Regression analysis drop zone empty.
It is useful when organizations have data mostly on historical staffing levels with less detailed information on specific predictors.
It uses data from previous sales figures or other operational data to predict expected head count.
It takes multiple factors into account simultaneously and makes more statistically precise estimates of future expectations compared to ratio and trend analyses.
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