WGU C207 DATA DRIVEN DECISION-MAKING TEST EXAM WITH GUARANTEED ACCURATE ANSWERS |VERIFIED
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Course
WGU C207 DATA DRIVEN DECISION-MAKING
Institution
WGU C207 DATA DRIVEN DECISION-MAKING
Activities (RBM stage) - ACCURATE ANSWERS second step involves the process that converts inputs to outputs (actions necessary to produces results - training, evaluating, developing)
Alternative hypothesis - ACCURATE ANSWERS The argument that either a sample is not equal to, greater than, or less...
WGU C207 DATA DRIVEN DECISION-
MAKING TEST EXAM
WGU C207 DATA DRIVEN DECISION-MAKING TEST EXAM WITH GUARANTEED
ACCURATE ANSWERS |VERIFIED
Activities (RBM stage) - ACCURATE ANSWERS✔✔ second step
involves the process that converts inputs to outputs (actions necessary to
produces results - training, evaluating, developing)
Alternative hypothesis - ACCURATE ANSWERS✔✔ The argument
that either a sample is not equal to, greater than, or less than the
hypothesized null sample
Analysis of Variance (ANOVA) - ACCURATE ANSWERS✔✔ a
technique used to determine if there is a sufficient evidence from sample
data of three or more populations to conclude that the means of the
population are not all equal
,Analytics - ACCURATE ANSWERS✔✔ The discovery, analysis, and
communication of meaningful patterns in data.
Autocorrelation - ACCURATE ANSWERS✔✔ A relationship between
two variables that is inherently non-linear
Balanced Scorecard - ACCURATE ANSWERS✔✔ An approach using
multiple measures to evaluate performance, including financial
measures, and the non-financial measures of customers, internal
business processes, and learning and growth.
Bar chart - ACCURATE ANSWERS✔✔ A graph that measures the
distribution of data over discrete groups or categories.
Benchmarks - ACCURATE ANSWERS✔✔ Standards or points of
reference for an industry or sector that can be used for comparison and
evaluation.
Big Data - ACCURATE ANSWERS✔✔ very large amounts of data; an
all-encompassing term for any collection of data sets so large and
complex that it becomes difficult to process them using traditional data
processing applications
Blind Study - ACCURATE ANSWERS✔✔ A study performed where
the participants are not told if they are in the treatment group or control
group
, body mass index (BMI) - ACCURATE ANSWERS✔✔ A measure,
based on a person's weight and height, that is used to classify people as
underweight or overweight.
Business process - ACCURATE ANSWERS✔✔ A sequence of logically
related and time based work activities to provide a specific output for a
customer.
Central Limit Theorem - ACCURATE ANSWERS✔✔ A theorem that
states that, the greater the sample, the closer the mean of the sample is to
the entire population and the more the results will look like a normal
distribution
Cluster Analysis - ACCURATE ANSWERS✔✔ The process of
arranging terms or values based on different variables into "natural"
groups
Cointegration - ACCURATE ANSWERS✔✔ Occurs when two time
series are moving with a common pattern due to a connection between
the two time series
Combination - ACCURATE ANSWERS✔✔ The number of different
unordered possibilities for a certain situation.
Complement - ACCURATE ANSWERS✔✔ The occurrence of an event
not happening, the opposite
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