Asked by Meera Patel on Jun 10, 2024
Verified
What type of analysis presupposes that a linear relationship exists between sales and the number of employees?
A) ratio
B) multivariate
C) trend
D) regression
Linear Relationship
A direct correlation between two variables where a change in one variable is consistently associated with a proportionate change in the other.
Ratio Analysis
A financial analysis technique that uses ratios derived from a firm's financial statements to evaluate its financial condition and performance.
- Understand the significance and usage of regression analysis and trend prediction in human resources planning.
- Pinpoint essential operational indicators for the purpose of ratio analysis in forecasting HR demand.
Verified Answer
MS
Mohamed SalehJun 14, 2024
Final Answer :
D
Explanation :
Regression analysis presupposes a linear relationship between variables, such as sales and the number of employees. This analysis is used to predict the value of one variable based on the value of one or more other variables.
Learning Objectives
- Understand the significance and usage of regression analysis and trend prediction in human resources planning.
- Pinpoint essential operational indicators for the purpose of ratio analysis in forecasting HR demand.
Related questions
What Is the Most Common Operational Index Used by Organizations ...
Tiger Boots,a Footwear Retailer,is Currently Determining Its HR Demand Using ...
What Method of Estimating HR Demand Extrapolates Historical Organizational Indices ...
Which Concept Refers to a Proposed Sequence of Events with ...
What Is Created When the HR Demand Exceeds the Current ...