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WPC 300 MIDTERMACTUAL EXAM 2024 QUESTIONS AND VERIFIED ANSWERS (GUARANTEED A+) $19.89   Add to cart
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WPC 300 MIDTERMACTUAL EXAM 2024 QUESTIONS AND VERIFIED ANSWERS (GUARANTEED A+)

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WPC 300 MIDTERMACTUAL EXAM 2024 QUESTIONS AND VERIFIED ANSWERS (GUARANTEED A+)

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  • May 26, 2024
  • 53
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

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  • WPC 300
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WPC 300 MIDTERM ACTUAL EXAM 2024 QUESTIONS AND VERIFIED ANSWERS (GUARANTEED A+) what is the hypothesi s tree, when do you use it? - ANSWER -when you know enough about the structure to make clear hypotheses to begin to test with your data gathering what is the decision tree, when do you use it? - ANSWER -when you know a fair amount about problem structure an d the nature of the decision is a series of cascading junctures that you can put data and analysis against. employs an "if -then" structure What is the advanta ge of using logic trees - ANSWER -- Mainly giving a holistic view of the problem - Help find the key problem what is the bulletproof problem solving - ANSWER -it is a systematic decision making technique What is the difference between VLOOKUP and HLOOKUP? - ANSWER -
HLOOKUP works exactly like VLOOKUP, except that the data in the lookup table is organized in rows instead of columns. What is the order of the bulletproofs solving steps (7) - ANSWER -
Define, disaggregate, prioritize, workplan, analyze, synthesize , communicate What step of the bulletproof problem -solving process helps avoid making common decision -making biases such as confirmation bias - ANSWER -Step-4: Build a work plan and timetable What step of the bulletproof problem -solving process helps avoid making common decision -making biases such as sunk cost fallacy. - ANSWER -step 4: build a workplan and timetable What was the primary focus on managerial skills in the 1970s.? - ANSWER -Focuse d on strategy which data type uses numbers as identifiers with no real meaning? - ANSWER -Nominal Ex: someone's jersey number Which is an example of "qualitative data"? - ANSWER -Nominal and ordinal data Which of the following are not examples of measures in a multi -
dimensional analysis: - ANSWER -Time period which of the following chart type is generally not used for data exploration? - ANSWER -Forecast chart These kinds of graphs are used to show prediction over time. They are not used for describing the data What are used for data exploration: histogram, pie chart, maps Which of the following is an example of discrete random variable? - ANSWER -Number of children in a family Which of the following is an example of nominal data? - ANSWER -Zip code which o f the following is an example of ratio data? - ANSWER -A person's body weight Is an example as the value of zero is meaningful Number 1 to represent the first group: nominal data Number 3 in the Likert scale of 1 to 7: ordinal data The current temperature (in Fahrenheit) at your home: interval data Which of the following logic tree starts with sub -elements on the left and the problem statements to the far right? - ANSWER -
Inductive logic tree which of the following logic tree would include an if -then structure where you could explore potential outcomes of each decision? - ANSWER -Decision tree Which of the following measure is not used in describing a continuous data variable? - ANSWER -Frequenc y Frequency is measured for discrete random variables Mean, variance, and kurtosis is used for continuous data variable Which of the following statements is true about problem -solving? - ANSWER -Good problem -solving is a process, not a quick mental calcu lation or a logical deduction. Which of the problem statements require "analytical" skill to solve? P1: Do I want to be a business analyst?

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