WGU C207 DATA-DRIVEN DECISION MAKING

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WGU C207 DATA-DRIVEN DECISION MAKING

OBJECTIVE ASSESSMENT 2023 - 2024

• Analytics is a broad term that refers to a variety of tools that inform man-

agerial decisions.Which term can be used to describe managerial decisions?

• Prescriptive
• Predictive
• Pareto chart
• Biased ANS a

• What are two reasons for the increasing use of analytics in organizational

decision making?

• Relatively lower cost of computer storage
• Lower availability of statistical experts
• Higher cost of obtaining data
• Higher computer processing power ANS a, d

• In what way does probability theory inform decision-making for managers?
• By quantifying risk
• By quantifying data
• By quantifying quality 1 / 3

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• By quantifying costs ANS a

• Which type of data are the Olympic medals of gold, silver, and bronze

examples of?

• Nominal data
• Ordinal data
• Interval data
• Ratio data ANS b

• What are two aspects of data quality management?
• It calculates spurious data.
• It reduces the amount of incomplete data.
• It monitors data input rates.
• It cleans data. ANS b, d

• Which two attributes indicate potential data quality issues when evaluating

a set of nominal data?

• Outlier data
• Missing data
• Out-of-range data
• Misspelled data ANS b, d

• When conducting a study that measures an individual's weight, all scales

are calibrated prior to use in measurement. Which type of error should this 2 / 3

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procedure significantly reduce?

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