WGU Data Driven Decision Making - C207 Complete Questions & Answers(RATED A+) PACKAGE DEAL

Analytics is a broad term that refers to a variety of tools that inform managerial decisions. Which term can be used to describe managerial decisions? - ANSWER Predictive What are two reasons for the increasing use of analytics in organizational decision making? - ANSWER Relatively lower cost of ...

Analytics is a broad term that refers to a variety of tools that inform managerial decisions. Which term can be used to describe managerial decisions? a. Prescriptive b. Predictive c. Pareto chart d. Biased - ANSWER a What are two reasons for the increasing use of analytics in organizatio...

Analytics is a broad term that refers to a variety of tools that inform managerial decisions. Which term can be used to describe managerial decisions? - ANSWERPrescriptive What are two reasons for the increasing use of analytics in organizational decision-making? Choose 2 answers. - ANSWERRelativ...

Activities (RBM stage) - ANSWER second step involves the process that converts inputs to outputs (actions necessary to produces results - training, evaluating, developing) Alternative hypothesis - ANSWER The argument that either a sample is not equal to, greater than, or less than the hypothesize...

Two types of statistics (Analytics) - ANSWER Descriptive and Inferential Descriptive statistics are used to - ANSWER Inform / Explanatory Inferential statistics are used to - ANSWER Predict / Trend Name the 4 levels of measurement - ANSWER (NOIR) Nominal, Ordinal, Interval, Ratio Continu...

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-...

For companies to attract and retain their best customers they need a complete portrait of who they are. To develop this portrait companies turn to... a. Statistics b. Analytics c. Management Science d. Histograms - ANSWER b A manufacturer wants to maximize their factory output while speci...

WGU C207 Data Driven Decision Making Quizzes & Answers(RATED A+) (Quiz 1) 1. For companies to attract and retain their best customers they need a complete portrait of who they are. To develop this portrait companies turn to... A) Statistics B) Analytics C) Management Science D) Histogra...

What is the key focus on analysis? - ANSWER To predict trends using quantitative data. What are the four levels of measurement? - ANSWER 1. Nominal 2. Ordinal 3. Interval 4. Ratio Nominal data - ANSWER is categorical. It has no numerical value. It's not a number. Examples: -the types ...

Analytics is a broad term that refers to a variety of tools that inform managerial decisions. - ANSWER Prescriptive What are two reasons for the increasing use of analytics in organizational decision making? - ANSWER Relatively lower cost of computer storage Higher computer processing power I...