WGU DATA DRIVEN DECISION MAKING

Western Governors University

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WGU Data Driven Decision Making Pre Assessment (Top 2024/2025 EXAM REVIEW PAPERS / GRADED A+/ 100% Accurate)

WGU Data Driven Decision Making Pre Assessment (Top 2024/2025 EXAM REVIEW PAPERS / GRADED A+/ 100% Accurate)
Exam (elaborations) • 11 pages • 2023

WGU Data Driven Decision Making Pre Assessment 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? -Prescriptive What are two reasons for increasing the use of analytics in organizational decision making? - 1. Relatively lower cost of computer storage 2. Higher computer processing power How does probability theory inform decision making for managers? -By quantifying risk Which type of data ...

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WGU Data Driven Decision Making Pre Assessment | Latest 2023/24 | Updated & Verified | Guaranteed Success

WGU Data Driven Decision Making Pre Assessment | Latest 2023/24 | Updated & Verified | Guaranteed Success
Exam (elaborations) • 11 pages • 2023

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? - Prescriptive What are two reasons for increasing the use of analytics in organizational decision making? - 1. Relatively lower cost of computer storage 2. Higher computer processing power How does probability theory inform decision making for managers? - By quantifying risk Which type of data are the Olympic medals of gold, silver, and br...