100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
WGU C207 Pre Assessment Study Guide with Verified Solutions $9.99   Add to cart

Exam (elaborations)

WGU C207 Pre Assessment Study Guide with Verified Solutions

 9 views  0 purchase
  • Institution
  • WGU

WGU C207 Pre Assessment Study Guide with Verified Solutions Which term can be used to describe managerial decisions? - Answer-Prescriptive 2 reasons for the increase in use of analytics in organizational decision making? - Answer-1. Relatively low cost of computer storage 2. Higher computer pr...

[Show more]

Preview 2 out of 6  pages

  • October 7, 2024
  • 6
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
All documents for this subject (6258)
avatar-seller
EmillyCharlotte
EMILLYCHARLOTTE 2024/2025 ACADEMIC YAER
©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISH SEPTEMBER 2024

WGU C207 Pre Assessment Study
Guide with Verified Solutions

Which term can be used to describe managerial decisions? - Answer✔✔-Prescriptive


2 reasons for the increase in use of analytics in organizational decision making? -

Answer✔✔-1. Relatively low cost of computer storage

2. Higher computer processing power

How does probability theory inform decision-making for managers? - Answer✔✔-By

quantifying risk

Which type of data are the Olympic medals of gold, silver, and bronze examples of? -

Answer✔✔-Ordinal data

What are two aspects of data quality management? - Answer✔✔-1. it reduces the

amount of incomplete data

2. it cleans data

2 attributes of data quality issues when evaluating sets of nominal data? -

Answer✔✔-1. missing data

2. misspelled data

All scales are calibrated prior to use in measurement. Which type of error should this

reduce? - Answer✔✔-Systemic error

An advertising manager creates a research study by presenting low, medium, or high

frequency of the same ad in matched markets. The manager then reports on sales in
1/6

, EMILLYCHARLOTTE 2024/2025 ACADEMIC YAER
©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISH SEPTEMBER 2024
each market location. What is the term for the different sales in this study? -

Answer✔✔-Response variable

A healthcare study follows a sample over time to identify how health habits of teenagers

impact their likelihood of acquiring disease later in life. Which type of research design

does this study describe? - Answer✔✔-Cohort study (a cohort study studies a group

of people with a defining characteristic, typically with a common event in a period, such

as birth or graduation)

The likelihood of a record having a missing value is correlated to another variable in the

dataset. Which two types of errors might be introduced into the dataset if the removed

record included missing values? - Answer✔✔-1. Systematic Error

2. Omission error

Which two variables would be used in determining a campaign to maximize revenue

gain from email advertising? - Answer✔✔-1. Number of purchases per email

2. Spending per purchase

A company that raises turkeys is hoping to increase their rate of growth while controlling

cost of feed. Which decision-making technique is most appropriate to minimize cost of

feeding birds? - Answer✔✔-Linear programming ( achieve the best outcome in a

mathematical model whose requirements are represented by linear relationships)

Compare outcomes of different drug testing results - Answer✔✔-ANOVA (analyze

differences among group means in a sample)




2/6

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller EmillyCharlotte. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $9.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67866 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$9.99
  • (0)
  Add to cart