C207 module 1 - Study guides, Class notes & Summaries

WGU C207 Data-Driven Decision Making Module 1 - 6 Questions and Answers Latest (2023 / 2024) (Verified Answers)

C207 Module 1 EXAM WITH VERIFIED QUESTIONS AND ANSWERS Module 1 Quiz 6 of 14 points 1. For companies to attract and retain their best customers they need a 1/1 complete portrait of who they are. To develop this portrait companies turn to… Statistics Analytics Management Science Histograms 2. A manufacturer wants to maximize their factory output while specifically minimizing labor costs. What type of analytics might they employ to achieve this goal? 1/1 Descriptive Analytics ...

C207 Module 1 EXAM WITH VERIFIED QUESTIONS AND ANSWERS Module 1 Quiz 6 of 14 points 1. For companies to attract and retain their best customers they need a 1/1 complete portrait of who they are. To develop this portrait companies turn to… Statistics Analytics Management Science Histograms 2. A manufacturer wants to maximize their factory output while specifically minimizing labor costs. What type of analytics might they employ to achieve this goal? 1/1 Descriptive Analytics ...

WGU C207 Module 1 Quiz

WGU C207 Data Driven Decision Making Module 1 questions and correct detailed answers |already graded a+

C207 Module 1Quiz 1. 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… Analytics 2. A manufacturer wants to maximize their factory output while specifically minimizing labor costs. What type of analytics might they employ to achieve this goal? Prescriptive Analytics 3. What type of data error that occurs in measurement is constant within a data set and is sometimes caused by faulty equipme...

WGU C207 STUDY GUIDE MODULE 1 & 2 WITH 100% CORRECT ANSWERS Analytics -Answer-is the discovery, analysis and communication of meaningful patterns in data information bias -Answer-is a prejudice in data that results when either the respondent or the interviewer have & agenda that affects responses ordinal data -Answer-places data into categories that are ordered by a predetermined criteria interval data -Answer-is numerical data that is ordered, is equal distance apart & does not have a ...

Frame the Problem, Solving the Problem and Communicating Results are part of which decision making model? CORRECT ANSWERS: Davenport-Kim three-stage model In which stage of the Davenport-Kim model is problem recognition? CORRECT ANSWERS: Framing the problem In which stage of the Davenport-Kim model is data collection? CORRECT ANSWERS: Solving the problem What is a key reason we study statistics? CORRECT ANSWERS: To make informed decisions Visually presenting the data assists in w...