WGU C207 Pre Assessment Study Guide Questions and Correct Answers | Latest Update
7 views 0 purchase
Course
WGU C207
Institution
WGU C207
Which term can be used to describe managerial decisions?
→ ~~> Prescriptive
2 reasons for the increase in use of analytics in organizational decision making?
→ ~~> 1. Relatively low cost of computer storage
→ 2. Higher computer processing power
How does probability theory inform de...
Best Grades | Must Pass | Latest Update | Correct Answers | 2024/2025
WGU C207 Pre Assessment Study Guide
Questions and Correct Answers | Latest
Update
Which term can be used to describe managerial decisions?
→ ~~> Prescriptive
2 reasons for the increase in use of analytics in organizational decision making?
→ ~~> 1. Relatively low cost of computer storage
→ 2. Higher computer processing power
How does probability theory inform decision-making for managers?
→ ~~> By quantifying risk
Which type of data are the Olympic medals of gold, silver, and bronze examples of?
→ ~~> Ordinal data
What are two aspects of data quality management?
→ ~~> 1. it reduces the amount of incomplete data
2. it cleans data
2 attributes of data quality issues when evaluating sets of nominal data?
→ ~~> 1. missing data
2. misspelled data
~1~ for inquiry mail me @ supergrades12@gmail.com
, Best Grades | Must Pass | Latest Update | Correct Answers | 2024/2025
All scales are calibrated prior to use in measurement. Which type of error should this reduce?
→ ~~> Systemic error
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?
→ ~~> Response variable
A healthcare study follows a sample over time to identify how health habits of teenagers
impact their likelihood of acquiring disease later in life. Which type of research design does
this study describe?
→ ~~> Cohort study (a cohort study studies a group of people with a defining
characteristic, typically with a common event in a period, such as birth or graduation)
The likelihood of a record having a missing value is correlated to another variable in the
dataset. Which two types of errors might be introduced into the dataset if the removed record
included missing values?
→ ~~> 1. Systematic Error
2. Omission error
Which two variables would be used in determining a campaign to maximize revenue gain
from email advertising?
~2~ for inquiry mail me @ supergrades12@gmail.com
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 or Stuvia-credit 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 Examify. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.99. You're not tied to anything after your purchase.