WGU C207 Pre-Assessment Questions And All Correct Answers.
4 views 0 purchase
Course
WGU C207
Institution
WGU C207
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?
a. Prescriptive
b. Predictive
c. Pareto chart
d. Biased - Answer a
What are two reasons for the increasing use of analytics in organiza...
WGU C207 Pre-Assessment Questions
And All Correct Answers.
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?
a. Prescriptive
b. Predictive
c. Pareto chart
d. Biased - Answer a
What are two reasons for the increasing use of analytics in organizational decision making?
a. Relatively lower cost of computer storage
b. Lower availability of statistical experts
c. Higher cost of obtaining data
d. Higher computer processing power - Answer a, d
In what way does probability theory inform decision-making for managers?
a. By quantifying risk
b. By quantifying data
c. By quantifying quality
d. By quantifying costs - Answer a
Which type of data are the Olympic medals of gold, silver, and bronze examples of?
a. Nominal data
b. Ordinal data
c. Interval data
d. Ratio data - Answer b
,What are two aspects of data quality management?
a. It calculates spurious data.
b. It reduces the amount of incomplete data.
c. It monitors data input rates.
d. It cleans data. - Answer b, d
Which two attributes indicate potential data quality issues when evaluating a set of nominal data?
a. Outlier data
b. Missing data
c. Out-of-range data
d. Misspelled data - Answer b, d
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?
a. Systematic error
b. Omission error
c. Random error
d. Information error - Answer a
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?
a. The experimental unit
b. The treatment
c. The response variable
d. The intervention - Answer c
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 in the hope that the healthcare
, organization will be able to create early prevention programs. Which type of research design does this
study describe?
a. Double blind study
b. Systematic study
c. Cohort study
d. Experimental study - Answer c
Several missing values in a particular field in a dataset were observed. The likelihood of a record having a
missing value is correlated to another variable in the dataset. Which two types of error might be
introduced into the dataset if the removed record included missing values?
a. Systematic error
b. Omission error
c. Random error
d. Typographical error - Answer a, b
A company is trying to increase its online sales revenue by improving its e-mail advertising campaign for
repeat customers as well as new customers. Which two variables would be used in determining a
campaign to maximize revenue gain?
a. Number of purchases per e-mail
b. E-mail content
c. Spending per purchase
d. Cost per e-mail - Answer a, c
This statistical procedure compares outcomes of different drug testing results
a. Anova
b. Correlation
c. Control Charts - Answer a
This statistical procedure is used to help understand effective marketing and to spend advertising dollars
efficiently
a. Anova
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller TestSolver9. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R180,67. You're not tied to anything after your purchase.
