WGU C207 Exam Review 2024 Exam Questions And Correct Answers.
5 views 0 purchase
Module
WGU C207
Institution
WGU C207
WGU C207 Exam Review 2024 Exam Questions And Correct Answers.
What is the key focus on analysis? - ANSWERTo predict trends using quantitative data.
What are the four levels of measurement? - ANSWER1. Nominal 2. Ordinal
3. Interval
4. Ratio
Nominal data - ANSWERis categorical. It has no...
WGU C207 Exam Review 2024 Exam Questions
And Correct Answers.
What is the key focus on analysis? - ANSWERTo predict trends using quantitative data.
What are the four levels of measurement? - ANSWER1. Nominal
2. Ordinal
3. Interval
4. Ratio
Nominal data - ANSWERis categorical. It has no numerical value. It's not a number.
Examples:
-the types of pizza you sell
-meatball
-veggie
-cheese
(these are labels, they can't be added or subtracted)
Ordinal data - ANSWERis ranked, but doesn't have a specific value.
Example:
-the size of pizza (small, medium, large)
(we can't add or subtract these but we can put them in sequential order)
- order (key word)
- no numerical value
Interval data - ANSWERdata is numeric. You can add and subtract it. It has a sequential
value. Each value is equally spaced from the previous value.
Example:
- drink sizes are interval (16 oz, 20 oz, 24 oz) they are equally spaced about (4 oz
spaced)
Ratio data - ANSWERis numeric. Your sales per day are ratio data.
Example"
- 10 sales of $12.99 a piece = $129.99
(the value has a true value from zero)
To challenge the validity and reliability of data, ask two things. - ANSWERAre there any
outliers and are there any errors?
Outliers - ANSWERDon't throw them out. Do them in both ways.
Example:
last week, you were closed for two days for renovations. Sales were a zero for those
two days. That's an outlier. You include the outliers to know how its effecting your
bottom line.
,2 categories of errors - ANSWER1. Random
2. Systematic
Random error - ANSWERis something that happens just once and will not repeat over
time.
Example:
if you are trying to find average delivery times and one delivery was effected by a four
hour Chicago traffic delay, that's random.
Systematic error - ANSWERis when your deliveries (example) are slow and it is not by
chance.
Example:
A delivery driver has nursed the fuel injector on his car for the past six months. It breaks
down one out of every 20 deliveries he makes. This is Systematic error. It repeats itself.
Omission error - ANSWERAn error because something is missing.
Example:
A delivery driver didn't clock in or out for his delivery. That data will not be included in
study and it's relevant.
-A data set with an omission error is defined as distorted.
out of range error - ANSWER
What is used to reduce errors? - ANSWERa number of quality control tools.
Example:
a survey customers take only allows them to select responses from a list. That way,
they can't type anything in wrong.
Treatment - ANSWERExample: You want to make a crispier pizza and to do this, you
apply three different sets of oil to three different pizza to measure the crispiness of the
crust.
Blind study - ANSWERwhen the subjects don't know if they are receiving the treatment
or a placebo (a harmless procedure prescribed for the psychological benefit of the
recipient)
Double blind study - ANSWERAn experiment in which neither the participant nor the
researcher knows whether the participant has received the treatment or the placebo (a
harmless procedure prescribed for the psychological benefit of the recipient)
Descriptive - ANSWER
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... - ANSWERanalytics
, A manufacturer wants to maximize their factory output while specifically minimizing
labor costs. What type of analytics might they employ to achieve this goal? -
ANSWERprescriptive analytics
What type of data error that occurs in measurement is constant within a data set and is
sometimes caused by faulty equipment or bias? - ANSWERmeasurement bias
A city government is trying to determine the national origins of its recent immigrant
population. If a survey of the immigrant population is conducted in English what type of
error be present in the data? - ANSWEROmission
The use of Big Data is increasingly important to businesses in competitive markets.
Which of the following characteristics is not true of big data? - ANSWERcan be
analyzed with traditional spreadsheets
The Davenport-Kim three-stage model consists of framing the problem, solving the
problem, and communicating results. Which two of the following are part of framing the
problem stage? - ANSWER-determine the scope of the problem
-review of previous findings
A healthcare provider is researching blood glucose levels before and after exercising.
What two elements should be part of any experimental study such as this? -
ANSWERtreatment procedures
Runners cover 26.2 miles in the Olympics marathon. What level of measurement is
this? - ANSWERratio
What level of measurement is the type of cars produced in Ford factory? -
ANSWERnominal
What level of measurement is this the 10 best cities in the U.S. to retire in? -
ANSWEROrdinal
What level of measurement are women's dress sizes (2,4,6, etc.)? - ANSWERInterval
A local school board is studying the impact of a proposed change in testing on math
scores. Bias can be introduced into the study by both students and teachers. Which
research technique would eliminate this type of bias? - ANSWERDouble blind study
A Company's product development team test 3 new car waxes by waxing 5 cars with
each wax and then running them through a car wash. They then record number of
washes it takes before the wax begins to deteriorate. What is the term for the five cars?
- ANSWERThe experimental unit
Random sample - ANSWERsamples need to be the right size and represent your
population.
The benefits of buying summaries with Stuvia:
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
You can quickly pay through credit card for the summaries. There is no membership needed.
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 maleek. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £17.02. You're not tied to anything after your purchase.
