Exam (elaborations)
WGU C207 OA 2024- Questions & Detailed Solutions
WGU C207 OA 2024- Questions & Detailed Solutions
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WGU C207 OA 2024- Questions & Detailed SolutionsPrescriptive Correct Ans - 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
Relatively lower cost of computer storage
Higher computer processing power Correct Ans - What are two
reasons for the increasing use of analytics in organizational decision making?
Choose 2 answers
By quantifying risk Correct Ans - In what way does probability theory
inform decision-making for managers?
Ordinal data Correct Ans - Which type of data are the Olympic medals
of gold, silver, and bronze examples of?
It reduces the amount of incomplete data.
It cleans data. Correct Ans - What are some of the aspects of data
quality management?
Choose 2 answers
Missing data
Misspelled data Correct Ans - Which two attributes indicate potential
data quality issues when evaluating a set of nominal data?
Choose 2 answers
Systematic error Correct Ans - When conducting a study that
measures an individual's weight, all scales are calibrated prior to use in
measurement.
Which type of error should this procedure significantly reduce?
, The response variable Correct Ans - 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 each market
location.
What is the term for the different sales in this study?
Cohort study Correct Ans - A healthcare study follows a particular
sample over time to identify how the health habits of teenagers impact their
likelihood of acquiring various diseases later in their life in the hope that the
healthcare organization will be able to create early prevention programs.
Which type of research design does this study describe?
Systematic error
Omission error Correct Ans - Several missing values in a particular
field in a dataset were observed. The likelihood of a record having a missing
value is correlated to another variable in the dataset.
Which two types of error might be introduced into the dataset if the removed
record included missing values?
Choose 2 answers
Number of purchases per e-mail
Cost per e-mail Correct Ans - A company is trying to increase its online
sales revenue by improving its e-mail advertising campaign for repeat
customers as well as new customers.
Which two variables would be used in determining a campaign to maximize
revenue gain?
Choose 2 answers
Compare outcomes of different drug testing results ANOVA
Understand effective marketing to spend advertising dollars efficiently
Correlation
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