C207 wgu exam - Study guides, Class notes & Summaries

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C207 WGU Exam Questions and Answers 100% Pass What is the key focus on analysis? -Answer-To predict trends using quantitative data. What are the four levels of measurement? -Answer-1. Nominal 2. Ordinal 3. Interval 4. Ratio Nominal data -Answer-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 -Answer-is ranked, but doesn't have a specif...

C207 WGU Exam Questions and Answers | 100% Verified and Updated What is the key focus on analysis? -Answer-To predict trends using quantitative data. What are the four levels of measurement? -Answer-1. Nominal 2. Ordinal 3. Interval 4. Ratio Nominal data -Answer-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 -Answer-is ranked, but does...

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...

What is the key focus on analysis? - Answer- To predict trends using quantitative data. What are the four levels of measurement? - Answer- 1. Nominal 2. Ordinal 3. Interval 4. Ratio Nominal data - Answer- 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 - Answer- is ranked, but doesn't have a specific value. Example: -the siz...

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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...

C207 WGU Exam Questions and Answers 100% Pass What is the key focus on analysis? -Answer-To predict trends using quantitative data. What are the four levels of measurement? -Answer-1. Nominal 2. Ordinal 3. Interval 4. Ratio Nominal data -Answer-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 -Answer-is ranked, but doesn't have a specif...