Aging Buckets for Metrics - Redefining a full set of metrics

T

TGroulx

#1
I am redefining a full set mof metrics for several related areas that previously used different datasets for metrics. We now have a single data source, but each group was using different measures.

I am debating on using the following buckets for aging data:

<30 Days
31 - 59 Days
60-90 Days
>90 Days


What buckets are typically used that resemble these?

Thanks in Advance


Terry
 
Elsmar Forum Sponsor

Bev D

Heretical Statistician
Staff member
Super Moderator
#4
it would help to have a better description of the what the data is.

dependign on what you're tracking a simple measure is to use teh mdian as Statistical Steven says...

however, there are other methods that may be more effective depending on your situation.
 
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