WGU C207 Data Driven Decision Making Z-Score - ANSWER Data points only.Measurement of a scores relationship to the mean. A statistical measure that indicates the number of standard deviations a data point is from its mean.Variance - ANSWER How far a set of numbers are spread. Used for Data set. Hint Words = Risk, spread.Multiplication Rule - ANSWER A method for finding the probability that both of two events occur. When the probabilities of multiple events are multiplied together to determine the
likelihood of all of the events happening. Word Hint: And
Addition Rule - ANSWER A method for finding the probability that either or both of two events occur. When two 1 / 3
events, A and B, are mutually exclusive, the probability that A or B will
occur is the sum of the probability of each event. Word Hint: Either/or.
Combination Rule - ANSWER How many combinations can be made.Bayes Theorem - ANSWER Probability of an event , based on conditions that might be related to the event.Conditional probability. A formula that calculates conditional probabilities. Important for understanding how new information affects
the probabilities of outcomes. Word Hint: Given that.
Median - ANSWER Number halfway into the
data set. Hint Word: Typical
Mode - ANSWER Number that occurs most often in a data set.Mean - ANSWER Average. Add all numbers and divide. 2 / 3
Standard Deviation - ANSWER How spread out the numbers are. Square root of the variance.Pareto Chart - ANSWER Contains both line and bar graphs. Ordered by frequency of occurrence that shows how many results were generated by each identified cause.Cause and Effect Diagram - ANSWER Shows the causes of a specific event.Check Sheet - ANSWER Collect data in real time.Control Chart - ANSWER Determines whether a process should undergo a formal exam for quality.
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