Wgu c207 - Study guides, Class notes & Summaries

WGU C207 Pre- Assessment Data-Driven Decision-Making Exam (Latest 2023/ 2024 Update) Questions and Verified Answers- 100% Correct Q: A hardware store has found that there is a 0.25 probability that a customer buys an electrical product, a 0.45 probability that a customer buys a plumbing product, and a 0.10 probability that a customer buys an electrical product if they purchase a plumbing product Which statistical rule can be used to determine the probability that a customer buys a plumbin...

WGU C207 DATA DRIVEN DECISION MAKING FINAL EXAM LATEST 2023-2024 EXAM WITH 300 REAL EXAM QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS)A+GRADE

WGU C207 Data Driven Decision Making Questions and answers latest update 2024

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WGU C207 Final Self-Assessment Questions and Answers Latest Update 2023/2024. Question 1 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. • a) Nominal, Ordinal • b) Nominal, Discrete • c) Continuous, Discrete • d) Discrete, Continuous Feedback: The correct answer is D. Te...

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.

WGU C207 OA Questions and Answers 100% Pass Simple indexing Common analytic measure to improve performance. Compares current data with data during a base period. (Price / Price during "Base Period") x 100 i.e. Big Mac was 1.60 in 1968 which is base period. what is index for 2014 if price was 4.80 then? (4.80 / 1.60) * 100 = 300 (means price is 3x greater than base period) Used to identify price fluctuations of supplies, materials, products, etc. Weighted Index assign a weight to allow for...

WGU C207 DATA-DRIVEN DECISION MAKING OBJECTIVE ASSESSMENT DETAILED QUESTIONS AND ANSWERS 2022 - 2023

WGU C207 Exam Q&A For companies to attract and retain their best customers they need a complete portrait of who they are. To develop this portrait companies turn to – ANSWER-Analytics A manufacturer wants to maximize their factory output while specifically minimizing labor costs. What type of analytics might they employ to achieve this goal? – ANSWER Prescriptive Analytics What type of data error that occurs in measurement is constant within a data set and is sometimes caused by faulty equip...

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