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WGU C207 Data Driven Decision Making Module 2- Questions and Answers| Latest Update

WGU - C207 - Data Driven Decision Making- Questions and Answers| Latest Update

WGU C207 STUDY GUIDE MODULE 1 & 2 with solved questions and answers 100% correct Analytics ️️is the discovery, analysis and communication of meaningful patterns in datainformation bias ️️is a prejudice in data that results when either the respondent or the interviewer have & agenda that affects responsesordinal data ️️places data into categories that are ordered by a predetermined criteriainterval data ️️is numerical data that is ordered, is equal distance apart...

©FYNDLAY 2024/2025 ALL RIGHTS RESERVED 12:05PM. 1 C207 WGU Exam Questions And Answers 2025 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)...

©FYNDLAY 2024/2025 ALL RIGHTS RESERVED 12:05PM. 1 C207 WGU Exam Questions And Answers 2025 Update. Ratio - AnswerContinuous data with a unique zero point Interval - AnswerOrders data at equal distance apart Ordinal - AnswerPlace qualitative objects in some kind of order Nominal - AnswerIdentify, group, or categorize What is the process of quality control? - AnswerReduce/minimize errors Out of range - AnswerOutliers create this type of error Unpredictable error - AnswerRandom Error - N...

©FYNDLAY 2024/2025 ALL RIGHTS RESERVED 12:05PM. 1 C207 -WGU Exam Questions And Answers 2025 Update. Descriptive and Inferential Statistics - AnswerThere are two types of statistics (Analytics) Inform / Explanatory - AnswerDescriptive statistics are used to Predict / Trend - AnswerInferential statistics are used to (NOIR) Nominal, Ordinal, Interval, Ratio - AnswerName the 4 levels of measurement ratio - AnswerContinuous data with unique zero point Interval - AnswerOrders data at equal d...

©FYNDLAY 2024/2025 ALL RIGHTS RESERVED 12:05PM. 1 WGU - C207 Exam Questions And Answers 2025 Update. Descriptive Analytics - AnswerUse data to describe what has happened over a given period of time Predicitve Analytics - Answeruse data from the past to predict the future Prescriptive Analytics - AnswerUse data to determine the best possible decision to pursue structured data examples - Answercredit card transactions through a website unstructured data examples - Answerword documents, b...

©FYNDLAY 2024/2025 ALL RIGHTS RESERVED 12:05PM. 1 WGU C207 PA Exam Questions And Answers 2025 Update. 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 decisio...

©FYNDLAY 2024/2025 ALL RIGHTS RESERVED 12:05PM. 1 C207 – WGU Exam Questions And Answers 2025 Update. There are two types of statistics (Analytics) - AnswerDescriptive and Inferential Descriptive statistics are used to ______ - AnswerInform / Explanatory Inferential statistics are used to ______ - AnswerPredict / Trend Name the 4 levels of measurement - Answer(NOIR) Nominal, Ordinal, Interval Ratio Continuous data with unique zero point - AnswerRatio Orders data at equal distance apar...

©FYNDLAY 2024/2025 ALL RIGHTS RESERVED 12:05PM. 1 WGU C207 Exam Questions And Answers 2025 Update. 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 - AnswerAnalytics A manufacturer wants to maximize their factory output while specifically minimizing labor costs. What type of analytics might they employ to achieve this goal? - AnswerPrescriptive Analytics What type of data error that occurs...