People Analytics Week 2 Answers

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1.

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How does Teach for America optimize its hiring process? By reducing the number of interviews they conducted By comparing the performance of their teachers in the !eld to their pre-hire evaluations By hiring internally By hiring directly out of College

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2.

Why did Google minimize interview time per candidate? (Check all that apply) Because interviews were not an accurate predictor of employee success Because interviews waste company resources Because manager time is valuable, and can be used on more important activities

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3.

What action did Credit Suisse take to retain more employees and ultimately increase earnings? Posted more jobs internally

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Reduced the number of interviews Increased promotions O" ered more development opportunities

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4.

People, or employees, are a valuable asset. Credit Suisse estimated that a 1% retention rate would save them how much per year? $10,000,000 to $20,000,000 $50,000,000 to $75,000,000 $1,000,000 to $10,000,000 $75,000,000 to $100,000,000

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5.

What makes performance evaluations “noisy” according to Professor Cade Massey? Performance is imperfectly related to employee talent or hard work An employee may not be performing up to their full potential None of the above. Performance measures are hard to de !ne

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6.

What is outcome bias?


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The tendency to believe that our employees are performing better than the employees of our competitors The tendency to attribute good outcomes to employees regardless of how much control they had over the outcome The tendency to attribute success to supervisors rather than employees None of the above.

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7.

What is the most important factor in determining whether an outcome is caused skill or chance? Persistence Comparing performance across a group None of the above. Isolating performance measures

Practice Module 1 Concepts So Far Practice Quiz, 10 questions 1 point

8.

Why is it important to remember that disparate outcomes can be based purely on chance? None of the above. Evaluating employees is an unfair practice We need to be careful about drawing inferences about the skill or e " ort that underlie the performance measures


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Performance is mostly based on factors that are outside the control of the employee.

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9.

TRUE or FALSE: The analysis performed by Professor Cade Massey in the video “Chance vs. Skill: the NFL draft” indicates that the NFL draft is a useless exercise True False

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10. Why is people analytics gaining more attention in recent years? Increasingly, people are a !rm’s greatest asset Improved access to data Growing understanding of behavior biases

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People Analytics Week 2 Answers

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