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WGU C207 DATA DRIVEN DECISION MAKING EXAM QUESTION AND ANSWERS LATEST 2024 $13.00   Add to cart

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WGU C207 DATA DRIVEN DECISION MAKING EXAM QUESTION AND ANSWERS LATEST 2024

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WGU C207 DATA DRIVEN DECISION MAKING EXAM QUESTION AND ANSWERS LATEST 2024 QUESTION 1 Analytics is a board term that refers to a variety of tools that inform managerial decisions. Which term can be used to describe managerial decisions?

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  • September 22, 2024
  • 13
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • WGU C207
  • WGU C207
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WGU C207 DATA DRIVEN DECISION MAKING
EXAM QUESTION AND ANSWERS LATEST 2024

QUESTION 1

Analytics is a board term that refers to a variety of tools that inform managerial decisions. Which term
can be used to describe managerial decisions?

Prescriptive



QUESTION 2

What are two reasons for increasing use of analytics in organizational decision-making? Choose 2
Answers

Relatively lower cost of computer storage

Higher computer processing power



QUESTION 3

How does probability theory inform decision-making for managers?

By quantifying risk



QUESTION 4

Which type of data are the Olympic medals of gold, silver, and bronze examples of?

Ordinal data




WGU C207 DATA DRIVEN DECISION MAKING EXAM

, QUESTION 5

What are two aspects of data quality management? Choose 2 answers

It reduces the amount of incomplete data

It cleans data



QUESTION 6

Which two attributes indicate potential data quality issues when evaluating a set of nominal data?
Choose 2 answers

Missing data

Misspelled data



QUESTION 7

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?

Systematic error



QUESTION 8

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



QUESTION 9

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. The healthcare
organization hopes this data will allow them to create early prevention programs. Which type of
research design does this study describe?

Cohort study



QUESTION 10




WGU C207 DATA DRIVEN DECISION MAKING EXAM

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