Hi Erik , please ,What is the minimum appropriate period of data collected to get sufficient analysis if a company doesn’t have this data and is going to start collecting this information ,can you get sufficient analysis from 6 months data or less or the minimum period is two years ?
Great question! The amount of data needed depends on the analysis. Six months can be enough for short-term trends and forecasting, but longer periods (like two years) are better for identifying long-term patterns and ensuring statistical significance. The more data you collect, the better you will be at measuring metrics and extrapolating trends. My golden rule is that some data is better than no data! - Erik
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Thank you Brother❤️❤️
super thanks a lot for open-sharing Eric and all AIHR staff!
Thank you Erik
Hi Erik , please ,What is the minimum appropriate period of data collected to get sufficient analysis if a company doesn’t have this data and is going to start collecting this information ,can you get sufficient analysis from 6 months data or less or the minimum period is two years ?
Great question! The amount of data needed depends on the analysis. Six months can be enough for short-term trends and forecasting, but longer periods (like two years) are better for identifying long-term patterns and ensuring statistical significance. The more data you collect, the better you will be at measuring metrics and extrapolating trends. My golden rule is that some data is better than no data! - Erik
@@AIHRAcademytoInnovateHR thank you so much for the great ,useful video and for your reply 🌷
Really helpful, thanks for sharing!
Thanks for the video
Thank you, very useful indeed.