Question

Review of performance appraisal,
labour turnover rates, planning of
incentives, and training programs
and are examples of *
Statistics in Production
Statistics in Marketing
Statistics in Finance
O Statistics in Personnel Managen eht

Answer 1

Answer:

Statistics in Personnel Management

Explanation:

Personnel Management includes review of performance appraisal, labour turnover rates, planning of incentives and so on

Answer 2

Complete question:

Review of performance appraisal, labour turnover rates, planning of incentives and training programs and are examples of

A. statistics in production

B. statistics in marketing

C. statistics in finance

D. statistics in personnel management

Review of performance appraisal, labour turnover rates, planning of incentives andtraining programs and are examples of D. statistics in personnel management.

Statistics in personnel management:

"Statistics in personnel management includes advanced predictive analytics, or basic, descriptive statistics. This means that HR analytics is a data-driven approach to managing people at work."

Uses of statistical analysis in personnel management:

• Statistical analysis is helpful in predicting the possibility of people leaving their job at the earliest and to estimate the uncertainity in people working for more than 18 months on an average.
• This tool is also used to produce an estimate on the fair payment for the employees. Although statistics does not always provide with accurate predictions, the probability can be decreased to the least number of possibillities.
• Poor sampling, inadequate data, misinterpretation and selective information are some of the factors that hinder in the accuracy of statistical analysis.