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Application of Statistics in Human Resource Management
Abstract
The chapter gives an outline of the shift in HRM from being intuitive to quantitative in its decision making and overall functioning. The role of HRM is transforming with application of statistical techniques that make HR more evidence based and accountable. The chapter will discuss some successful applications of statistical techniques, basic and, in HRM by renowned organizations worldwide as well as elucidate upon some of the most applied statistical techniques. After reading this chapter learner will appreciate the need for applying Statistics in HRM, have an understanding of the avenues for application of statistical tools and get an outline of the various statistical techniques that are appropriate for different HR functions.
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