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statistician Tagged Articles
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Understanding Retail Metrics
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| Running a successful retail business involves more than buying merchandise, marking it up and selling it. The information you get from your POS software enables you to analyze your operation, identify problem areas, and take immediate corrective action before it costs you a bundle. These reports contain the Key Performance Indicators (KPI) for your business. |
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Can Sales Assessments Actually Predict On the Job Sales Success
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| Stathead was hell-bent on learning about the technical nature of how the assessment works, how it was created, how it was validated and its impact on protected minorities. While this is important, it can be very misleading. As you will read below, a test can meet all of those criteria and not help with selection at all! |
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Lead by Example – Do the Important Things Better
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| Modern management practices are often imposed by the forces which require short term results. Back in the 1980s, W. Edwards Deming, a statistician by training, led the charge in seeking to implement a positive alternative for transforming management from this short-sighted objective. We now remember Deming as the philosopher of the “quality movement". |
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