Wgu c207 q - Study guides, Class notes & Summaries

WGU C207 Data-Driven Decision-Making Final Exam (Latest 2023/ 2024 Update) Questions and Verified Answers- 100% Correct| Already Grade A Q: You survey 100 New Yorkers about their preference for New York-style or Chicago-style pizza. What would be wrong with this? Answer: You would encounter measurement bias Q: Cleaning and organizing collected raw data refers to? Answer: data management Q: The science of using mathematical procedures to describe data is __________. ...

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 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...

WGU C207 QUESTIONS AND ANSWERS (100% Correct)

WGU C207 Quiz Review – Questions & Correct Answer

WGU C207 QUM2 Task 1 – Linear Regression Analysis Latest 2024/2025 with complete Solution QUM2 Task 1 – Linear Regression Analysis

WGU C207 Questions and Answers 2022/2023 What is the key focus on analysis? To predict trends using quantitative data. What are the four levels of measurement? 1. Nominal 2. Ordinal 3. Interval 4. Ratio Nominal data 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) Ordinal data is ranked, but doesn't have a specific value. Examp...

WGU C207 Questions and Answers 2022/2023

WGU C207 Pre-Assessmen Multi Choice Version Data-Driven Decision Making (PVPC)(67 questions and answers)

WGU C207 Quiz Exam With 100% Correct Answers 2024/2025 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? - answerPrescriptive What are two reasons for the increasing use of analytics in organizational decision-making? - answerRelatively lower cost of computer storage Higher computer processing power How does probability theory inform decision-making for managers? - answerBy quantifying ri...