Statistics provides Hr managers with more confidence in dealing with uncertainty in spite of the flood of available data, enabling managers to more quickly make smarter decisions and provide more stable leadership to staff relying on them.
Businesses are increasingly using Statistical techniques to convert data into information. Tools and techniques of Statistics are being widely used in HR in many domains that include Compensation survey, Performance Management, Employee Satisfaction Survey, Training Feedback Evaluation, Operational Research Techniques in HR, Human Resource Accounting, Acquisitions, Mergers, Restructuring and Downsizing, HR Budgeting etc.
The most common areas where HRM can use information gathered from statistics to make improvements and changes within the company, include the following:

Compensation survey: This will help the HR team identify if compensation programs, such as pension schemes, are working or if areas need to be addressed. This will help them identify how many staff are involved on a pension scheme and will help them tailor the service to suit their needs.

Employee satisfaction: By carrying out staff surveys and questionnaires the HR will be able to identify how happy and satisfied the employees feel within the workplace. This will help identify areas where more attention or investment is needed and may even help a potential problem from growing out of control.
Training and support: By regularly asking staff if they feel they would like more training on a particular topic or asking them how effective they found their training, this will help the HR team make better plans for any future training.

Question 3
Descriptive statistics includes statistical procedures that we use to describe the population we are studying. The data could be collected from either a sample or a population, but the results help us organize