Understanding and Using Averages
3CO02 – Principles of analytics
This CIPD Level 3 video on Understanding and Using Averages forms part of unit 3CO02 – Principles of analytics, addressing assessment criteria AC 1.4 on conducting common calculations to interpret organisational data. The video explores how to apply averages as a fundamental calculation method alongside percentages and pattern analysis to extract meaningful insights from HR and business datasets. By mastering these analytical techniques, CIPD learners will develop the practical skills needed to analyse organisational data effectively and communicate findings to support evidence-based decision-making in their HR practice.
Assessment Criteria 1.4
Conduct common calculations to interpret organisational data.
Indicative Content
Application of common calculations (for example percentages, averages, themes and patterns) and interpretation of findings.
What You'll Learn
Video covering: Understanding and Using Averages
About 3CO02 – Principles of analytics
This unit looks at how people professionals make both straightforward and complex choices as they carry out their roles. It focuses on how utilising a diverse range of analytics and evidence is essential to the rationalisation and enhancement of working practices and situational decision-making to create value.
More 3CO02 Videos
Using data to identify problems accurately
AC 1.2 – Explain the importance of using data in organisations.
Working with Percentages and Key People Metrics
AC 1.4 – Conduct common calculations to interpret organisational data.
Diagrammatic formats - pie charts, bar charts, and line graphs
AC 1.5 – Present findings in different formats to enable informed decision-making.
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