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WGU C207 Data Driven Decision Making QuizzesWGU C207 Data Driven Decision Making QuizzesWGU C207 Data Driven Decision Making QuizzesWGU C207 Data Driven Decision Making Quizzes

WGU C207 Data-Driven Decision-Making Final Exam (2025 / 2026) Questions and Verified Answers, 100% Guarantee Pass ||Complete A+ Guide

WGU C207 DATA DRIVEN DECISION EXAM 180 QUESTIONS & CORRECT ANSWERS LATEST 2025

Davenport Kim Three Stage Model - A decision making model developed by Thomas Davenport and Jinho Kim that consists of three stages: framing the problem, solving the problem, and communicating results Dependent Variable - The variable whose value depends on one or more variables in the equation; typically the cost or activity to be predicted Detractor - A category of customer used in the calculation of the Net Promoter Score that indicates an unhappy customer. Discrete Data - Data that ca...

Uses experimental design and optimization to predict a future - Prescriptive If we move to six appointments an hour we can increase revenue 2%. Which form of analytics is this? - Prescriptive - We are taking a specific course of action Based on the last four quarters, we can predict $4,1 million in sales next quarter. Which form of analytics is this? - Predictive: We aren't taking any action The number of appointments per day averaged 7 over the last 6 months. Which form of analytics is...

Athletes on the podium during the Olympic games. Continuous Data - Data that can lay along any point. Example: Height, Run Times Discrete Data - Data that can only take on whole values and has clear boundaries. Example: Number of students in a class room. Inferential Statistics - Used to make predictions about a population from a sample. IQR (Inter-quartile Range) - The difference in value between the bottom and the top 25% of the sample.

Interquartile range - The difference, in value, between the bottom and top 25 percent of the sample or population Interval Data - Data that is ordered within a range and with each data point being an equal interval apart Irregularity - One-time deviations from expectations caused by unforeseen circumstances such as war, natural disasters, poor weather, labor strikes, singleoccurrence company- specific surprises or macroeconomic shocks Item Response Theory (IRT) - model of designing, analyz...

WGU C207 DATA DRIVEN DECISION

Amanda is measuring the temperature. She looks at the thermometer and sees that it is somewhere between 65 and 66 degrees Fahrenheit. She is okay with the temperature in between two integers because she knows temperature is not ________ data, but temperature is _________ data. Discrete, Continuous The first stage of Davenport and Kim's Three Stage Model of quantitative decision making is to... ...frame the problem. A manager is looking at his previous quarter and determining the causes for ...

Results-based management does NOT need which of the following? a Statistically complex indicators b Constant monitoring c Collaboration between all participants d A common goal among everyone involved a Statistically complex indicators Results-based management uses simple indicators in order to be more flexible to the constant changes of running a business. Which one of the following is NOT an example of big data? a Department store questionnaires for online shoppers b The number ...