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WGU Data Driven Decision Making - C207 Exam with Answers

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WGU Data Driven Decision Making - C207

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WGU Data Driven Decision Making - C207

WGU Data Driven Decision Making - C207 Exam with Answers 1. Activities (RBM stage) 2. Alternative hy- pothesis 3. Analysis of Vari- ance (ANOVA) second step involves the process that converts inputs to outputs (actions necessary to produces results - training, evaluating, developing) The ...

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Institution WGU Data Driven Decision Making - C207
Course WGU Data Driven Decision Making - C207

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WGU Data Driven Decision Making - C207 Exam with Answers

1. Activities (RBM second step involves the process that converts inputs to
stage) outputs (actions necessary to produces results - training,
evaluating, developing)

2. Alternative hy- The argument that either a sample is not equal to, greater
pothesis than, or less than the hypothesized null sample

3. Analysis of Vari- a technique used to determine if there is a sufficient
ance (ANOVA) evidence from sample data of three or more populations
to conclude that the means of the population are not all
equal

4. Analytics The discovery, analysis, and communication of meaning-
ful patterns in data.
5. Autocorrelation A relationship between two variables that is inherently
non-linear

6. Balanced Score- An approach using multiple measures to evaluate perfor-
card mance, including financial measures, and the non-finan-
cial measures of customers, internal business processes,
and learning and growth.

7. Bar chart A graph that measures the distribution of data over dis-
crete groups or categories.
8. Benchmarks Standards or points of reference for an industry or sector
that can be used for comparison and evaluation.
9. Big Data very large amounts of data; an all-encompassing term for
any collection of data sets so large and complex that it
becomes difficult to process them using traditional data
processing applications
10. Blind Study A study performed where the participants are not told if
they are in the treatment group or control group

11. body mass index A measure, based on a person's weight and height, that
(BMI) is used to classify people as underweight or overweight.

, WGU Data Driven Decision Making - C207 Exam with Answers
12. Business A sequence of logically related and time based work
process activities to provide a specific output for a customer.

13. Central Limit A theorem that states that, the greater the sample, the
Theorem closer the mean of the sample is to the entire population
and the more the results will look like a normal distribution

14. Cluster Analysis The process of arranging terms or values based on differ-
ent variables into "natural" groups
15. Cointegration Occurs when two time series are moving with a common
pattern due to a connection between the two time series
16. Combination The number of different unordered possibilities for a cer-
tain situation.
17. Complement The occurrence of an event not happening, the opposite

18. Confidence in- An interval estimate used to indicate reliability
terval

19. Continuous Data Data that can lay along any point in a range of data
20. Control chart A graphic display of process data over time and against
established control limits, and that has a centerline that
assists in detecting a trend of plotted values toward either
control limit.
21. Control limits The area composed of three standard deviations on either
side of the centerline, or mean, of a normal distribution of
data plotted on a control chart that reflects the expected
variation in the data

22. Criterion-refer- compare an individual to certain defined standards
ence test

23. Critical Success The important things an entity must do to be successful,
Factors such as quality measures, customer service, or efficiency.

24.24.

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