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Suppose we observe that consumption of electricity decreases when the price of electricity rises.We can say that the two variables are related
HR Planning Process
The strategic process of identifying current and future human resources needs for an organization to achieve its goals.
Statistical Models
Mathematical representations of observed data that allow for predictions and inferences about relationships among variables.
Forecasting Labor Demand
The process of estimating the future needs for employees based on the business's operations, strategy, and external market conditions.
Classified Ads
Short advertisements placed in newspapers, online platforms, or other media, categorized by product, service, or job type.
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