One method of sourcing internal candidates uses statistical analysis. Needs are predicted based on probabilities determined by the movement pattern through various jobs. Which of these terms applies to this method?

Question

Quizplus · Accepted Answer

Markov analysis is a method of statistical analysis used to predict future outcomes based on patterns observed in past events. In the context of sourcing internal candidates, it can be used to determine the likelihood of employees moving from one job to another within the organization, and to predict which positions may become vacant in the future based on this movement. Therefore, Markov analysis is the best choice for describing this method.

One Method of Sourcing Internal Candidates Uses Statistical Analysis