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Human Capital Management involves a number of different areas, including recruitment management, career training and skills development, and the reduction of turnover or attrition. In this paper, the authors focus on providing concrete examples of how statistical analysis and predictive analytics have helped organizations solve specific problems related to human capital management. In general, predictive analytics combines technologies for analyzing past, present, and projected future relationships among data points with decision management technologies for delivering predictive insights and recommended actions to the systems or people that can effectively implement them.
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