C207 module 1 exam Study guides, Class notes & Summaries

WGU C207 Data Driven Decision Making Module 2 Exam (Answered) Which of the following is NOT an application of statistics in business? a Determine the internet advertiser that will reach the most people from extensive page view data. b Determine a target market based on information on household incomes throughout the country. c Predict trends in certain investments of big companies from previous results of Fortune 100 companies. d Forecast likelihood of board of director decisions from ...

Analytics -is the discovery, analysis and communication of meaningful patterns in data information bias -is a prejudice in data that results when either the respondent or the interviewer have & agenda that affects responses ordinal data -places data into categories that are ordered by a predetermined criteria interval data -is numerical data that is ordered, is equal distance apart & does not have a natural zero

WGU C207 Data Driven Decision Making Module 1 Exam (Answered) Quantitative analysis is another name for what? statistics If a dataset is presented on a scale of hours per week, which measurement scale is used? ratio The use of data, statistical and quantitative analysis, explanatory and predictive models, and fact-based management to drive decisions and add value is called ________. Analytics Analytics makes use of all these things to drive decision-making and add value. First, second, t...

WGU C207 Data Driven Decision Making Module 1 Exam (Answered) Quantitative analysis is another name for what? statistics If a dataset is presented on a scale of hours per week, which measurement scale is used? ratio The use of data, statistical and quantitative analysis, explanatory and predictive models, and fact-based management to drive decisions and add value is called ________. Analytics Analytics makes use of all these things to drive decision-making and add value. First, second, t...

WGU C207 Data Driven Decision Making Module 1 Exam (Answered) Quantitative analysis is another name for what? statistics If a dataset is presented on a scale of hours per week, which measurement scale is used? ratio The use of data, statistical and quantitative analysis, explanatory and predictive models, and fact-based management to drive decisions and add value is called ________. Analytics Analytics makes use of all these things to drive decision-making and add value. First, second, t...

WGU C207 Data Driven Decision Making Module 1 Exam (Answered) Quantitative analysis is another name for what? statistics If a dataset is presented on a scale of hours per week, which measurement scale is used? ratio The use of data, statistical and quantitative analysis, explanatory and predictive models, and fact-based management to drive decisions and add value is called ________. Analytics Analytics makes use of all these things to drive decision-making and add value. First, second, t...

WGU C207 Data Driven Decision Making Module 1 Exam (Answered) Quantitative analysis is another name for what? statistics If a dataset is presented on a scale of hours per week, which measurement scale is used? ratio The use of data, statistical and quantitative analysis, explanatory and predictive models, and fact-based management to drive decisions and add value is called ________. Analytics Analytics makes use of all these things to drive decision-making and add value. First, second, t...

WGU C207 SELFASSESSMENTS EXAM REVIEW 2023. You survey 100 New Yorkers about their preference for New York style or Chicago style pizza. What would be wrong with this? a. You would encounter information bias b. You would encounter gender bias c. You would encounter random error d. You would encounter measurement bias 4. Rankings are an example of which kind of data? a. Nominal b. Continuous c. Ordinal d. Discrete 5. The science of using mathematical procedures to describe data is _____...