WGU C207 Data Driven Decision Making - Exam
2022/2023
1.Prescriptive>>>Analytics is a broad term that refers to a variety of tools that inform managerial decisions.Which term can be used to describe managerial decisions 2.Relatively lower cost of computer storage Higher computer processing power>>>What are two reasons for the increasing use of analytics in organizational decision making?.
3.By quantifying risk>>>In what way does probability theory inform decision-mak- ing for managers?
4.Ordinal data>>>Which type of data are the Olympic medals of gold, silver, and bronze examples of?
5.It reduces the amount of incomplete data. 1 / 3
It cleans data.>>>What are some of the aspects of data quality management?.
6.Missing data Misspelled data>>>Which two attributes indicate potential data quality issues when evaluating a set of nominal data?.
7.Systematic error>>>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 procedure significantly reduce?
8.The response variable>>>An advertising manager creates a research study by presenting low, medium, or high frequency of the same ad in matched markets. The manager then reports on sales in each market location.What is the term for the different sales in this study?
9.Cohort study>>>A healthcare study follows a particular sample over time to identify how the health habits of teenagers impact their likelihood of acquiring various diseases later in their life in the hope that the healthcare organization will be able to create early prevention 2 / 3
programs.
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