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Topic Data Analysis Breakdown

Data Analysis Breakdown

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This topic has 4 voices, contains 3 replies, and was last updated by Avatar of Prabhu V Prabhu V 315 days ago.

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August 3, 2012 at 1:46 pm #184505
Avatar of Roger
Roger
Reputation - 15
Rank - Aluminum

Per instructions I provided my boss with the 80/20 rule of days for salary and hourly employees the time it takes for them to get hired in the system until their first day. hourly 80% was 8 days and salary it was like 7 days. She said it was not enough. Any ideas on what should be added to an anlysis? Yes, I asked her and got crickets

August 4, 2012 at 4:48 pm #184520
Avatar of Chris Seider
Chris Seider
Reputation - 3122
Rank - Titanium

Provide a basic diagram like a histogram showing the spread of the data. Means mean nothing without context.

August 5, 2012 at 8:36 pm #184523
Avatar of Mike Carnell
Mike Carnell
Reputation - 3209
Rank - Titanium

@foreverlearning I don’t understand what you are doing. Normally you start out with 2 questions – 1. What do you want to know 2. How do you want to see it.

It looks a lot more like you are giving her answers and she is saying “that wasn’t the question.”

Anytine we have done hiring projects 7-8 days is definately the best I have ever seen. If she can’t figure out the question get some data on what is typical for your area and maybe do a hypothesis test to a target. Maybe that was the question.

Just my opinion.

August 9, 2012 at 3:52 am #184602
Avatar of Prabhu V
Prabhu V
Reputation - 515
Rank - Copper

Hi,

From my understanding the Pareto principle 80:20 rule applied here can be misleading your study if the 20% of part representing extreme more days (since it may be a hidden cost to the management).

  • This reply was modified 315 days ago by Avatar of Prabhu V Prabhu V.
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