Course C207

WGU C207 OA Data-Driven Decision Making Exam Questions and Answers (2022/2023) (Verified Answers) Prescriptive 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? Relatively lower cost of computer storage & Higher computer processing power What are two reasons for the increasing use of analytics in organizational decision-making? By quantifying risk How does probability theory inform decisi...

WGU C207 OA Data-Driven Decision Making Exam Questions and Answers (2022/2023) (Verified Answers) Activities (RBM stage) second step involves the process that converts inputs to outputs (actions necessary to produces results - training, evaluating, developing) Alternative hypothesis The argument that either a sample is not equal to, greater than, or less than the hypothesized null sample Analysis of Variance (ANOVA) a technique used to determine if there is a sufficient evidence from sam...