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Page 1 of 2 Additional Comments on how to complete Tanglewood Case #2. Hello all, I hope this information helps you as you complete assignment
Page 1 of 2 Additional Comments on how to complete Tanglewood Case #2. Hello all, I hope this information helps you as you complete assignment Case # 2. Markov analysis: Table 1.1 - all the values in the table are for the current year. The numbers across the top indicate the job type: (1) Store Associate; (2) Shift Leader; (3) Department Manager; (4) Assistant Store Manager; (5) Store Manager; Exit refers to turnover. Read the Transition Probability Matrix table in the following manner. Column 1 row 1 - this is the % of the employees that started the year as Store Associates (Row 1) and were still in the Store Associate position by the end of the year (Column 1). 0.53 or 53% Column 2 row 1 - this is the % of the employees that started the year as Store Associates (Row 1) and were promoted to Shift Leader (Column 2) by the end of the year. 0.06 or 6% Column 6 row 1 - this is the % of turnover for Store Associates. 0.41 or 41%. Column 1 row 2 - this would be the % of employees that started the year as a Shift Leader (Row
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