Wgu c207 exam questions - Study guides, Class notes & Summaries
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WGU C207 Exam Questions with Answers 2024/2025 Latest Update
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WGU C207 Exam Questions with Answers 
2024/2025 Latest Update 
What is the key focus on analysis? - answerTo predict trends using quantitative data. 
What are the four levels of measurement? - answer1. Nominal 
2. Ordinal 
3. Interval 
4. Ratio 
Nominal data - answeris categorical. It has no numerical value. It's not a number. 
Examples: 
-the types of pizza you sell 
-meatball 
-veggie 
-cheese 
(these are labels, they can't be added or subtracted) 
Ordinal data - answeris ranked, but doesn'...
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WGU C207 Pre- Assessment Data-Driven Decision-Making Exam (Latest 2023/ 2024 Update) Questions and Verified Answers- 100% Correct
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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...
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WGU C207 DATA DRIVEN DECISION MAKING EXAM bundle QUESTIONS AND ANSWERS GRADE A
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WGU C207 DATA DRIVEN DECISION MAKING EXAM bundle QUESTIONS AND ANSWERS GRADE A
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WGU C214 OA Financial Management Exam Questions and Answers Updated (2024/2025) (Verified Answers)
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FOR BETTER KNOWLEDGE OF THE WGU C214 OA FINANCIAL MANAGEMENT EXAM, PURCHASE THE PACKAGE BELOW ⬇⬇⬇ AND THANK ME LATER 
 
WGU C214 OA Financial Management Exam Questions and Answers Updated (2024/2025) (Verified Answers) 
WGU C214 OA Financial Management Exam Questions and Answers Latest (2024/2025) (Verified Answers) 
 
WGU C214 OA Financial Management Exam Questions and Answers Updated Latest (2024/2025) (Verified Answers) 
 
WGU C214 Financial Management Objective Assessment Exam Question...
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WGU C207 Exam Questions and Answers with Complete Solutions
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WGU C207 Exam Questions and Answers with Complete Solutions
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WGU C207 Exam Questions With Complete Answers
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WGU C207 Exam Questions With Complete Answers
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WGU C207 Exam Questions and Answers 100% Pass!!
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WGU C207 Exam Questions and 
Answers 100% Pass!! 
here are two types of statistics (Analytics) -Answer-descriptive and inferential 
Descriptive statistics are used to ______ -Answer-Inform / Explanatory 
Inferential statistics are used to ______ -Answer-Predict / Trend 
Name the 4 levels of measurement -Answer-(NOIR) Nominal, Ordinal, Interval, Ratio 
Continuous data with unique zero point -Answer-ratio 
Orders data at equal distance apart -Answer-interval 
Place qualitative objects in some kind...
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WGU C207 Exam Questions with Complete Solutions
- Exam (elaborations) • 29 pages • 2023
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WGU C207 Exam Questions with Complete Solutions 
What is the key focus on analysis? - ANSWER To predict trends using quantitative data. 
 
What are the four levels of measurement? - ANSWER 1. Nominal 
2. Ordinal 
3. Interval 
4. Ratio 
 
Nominal data - ANSWER is categorical. It has no numerical value. It's not a number. 
Examples: 
-the types of pizza you sell 
-meatball 
-veggie 
-cheese 
(these are labels, they can't be added or subtracted) 
 
Ordin...
-
WGU C207 Exam Questions And Answers All Verified
- Exam (elaborations) • 7 pages • 2024
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WGU C207 Exam Questions And Answers All Verified 
 
Analytics is a broad term that refers to a variety of tools that inform managerial decisions.Which term can be used to describe managerial decisions? - ANS Prescriptive 
 
What are two reasons for the increasing use of analytics in organizational decision-making? - ANS Relatively lower cost of computer storage; Higher computer processing power 
 
How does probability theory inform decision-making for managers? - ANS By quantifying ris...
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WGU C207 Exam Questions and Answers 100% Verified and Updated 2024
- Exam (elaborations) • 7 pages • 2024
- Available in package deal
-
- $12.49
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WGU C207 Exam Questions and Answers 
100% Verified and Updated 2024 
There are two types of statistics (Analytics) -Answer-descriptive and inferential 
Descriptive statistics are used to ______ -Answer-Inform / Explanatory 
Inferential statistics are used to ______ -Answer-Predict / Trend 
Name the 4 levels of measurement -Answer-(NOIR) Nominal, Ordinal, Interval, Ratio 
Continuous data with unique zero point -Answer-ratio 
Orders data at equal distance apart -Answer-interval 
Place qualitative ...
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