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[Show more]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... 
 a. Statistics 
 b. Analytics 
 c. Management Science 
 d. Histograms correct answer: b 
 
A manufacturer wants to maximize their factory output whi...
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Add to cartFor companies to attract and retain their best customers they need a complete portrait of who they are. To develop this portrait companies turn to... 
 a. Statistics 
 b. Analytics 
 c. Management Science 
 d. Histograms correct answer: b 
 
A manufacturer wants to maximize their factory output whi...
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? 
a. Prescriptive 
b. Predictive 
c. Pareto chart 
d. Biased correct answer: a 
 
What are two reasons for the increasing use of analytics in org...
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Add to cartAnalytics is a broad term that refers to a variety of tools that inform managerial decisions. 
 
Which term can be used to describe managerial decisions? 
a. Prescriptive 
b. Predictive 
c. Pareto chart 
d. Biased correct answer: a 
 
What are two reasons for the increasing use of analytics in org...
Simple indexing correct answer: Common analytic measure to improve performance. Compares current data with data during a base period. 
 
(Price / Price during "Base Period") x 100 
 
i.e. Big Mac was 1.60 in 1968 which is base period. what is index for 2014 if price was 4.80 then? 
 
(4.80 / 1.6...
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Add to cartSimple indexing correct answer: Common analytic measure to improve performance. Compares current data with data during a base period. 
 
(Price / Price during "Base Period") x 100 
 
i.e. Big Mac was 1.60 in 1968 which is base period. what is index for 2014 if price was 4.80 then? 
 
(4.80 / 1.6...
Activities (RBM stage) correct answer: second step involves the process that converts inputs to outputs (actions necessary to produces results - training, evaluating, developing) 
 
Alternative hypothesis correct answer: The argument that either a sample is not equal to, greater than, or less than...
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Add to cartActivities (RBM stage) correct answer: second step involves the process that converts inputs to outputs (actions necessary to produces results - training, evaluating, developing) 
 
Alternative hypothesis correct answer: The argument that either a sample is not equal to, greater than, or less than...
C207 Let's get this class over with| 238 Questions| And Answers| With Complete Solutions
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Add to cartC207 Let's get this class over with| 238 Questions| And Answers| With Complete Solutions
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? correct answer: Prescriptive 
 
What are two reasons for the increasing use of analytics in organizational decision-making? correct answer: Relative...
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Add to cartAnalytics is a broad term that refers to a variety of tools that inform managerial decisions.Which term can be used to describe managerial decisions? correct answer: Prescriptive 
 
What are two reasons for the increasing use of analytics in organizational decision-making? correct answer: Relative...
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. correct answer: Z-Score 
 
How far a set of numbers are spread. Used for Data set. Hint Words = Risk, spread. correct answer: Va...
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Add to cartData 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. correct answer: Z-Score 
 
How far a set of numbers are spread. Used for Data set. Hint Words = Risk, spread. correct answer: Va...
Descriptive and Inferential correct answer: There are two types of statistics (Analytics) 
 
Inform / Explanatory correct answer: Descriptive statistics are used to ______ 
 
Predict / Trend correct answer: Inferential statistics are used to ______ 
 
(NOIR) Nominal, Ordinal, Interval Ratio corre...
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Add to cartDescriptive and Inferential correct answer: There are two types of statistics (Analytics) 
 
Inform / Explanatory correct answer: Descriptive statistics are used to ______ 
 
Predict / Trend correct answer: Inferential statistics are used to ______ 
 
(NOIR) Nominal, Ordinal, Interval Ratio corre...
Analytics correct answer: "Turning information into insight and developing conclusive facet-based strategies to gain a competitive edge." 
Encompasses: 
- Implies the analysis of very large data sets. 
- Statistics of the study of data analysis. 
- Management science or the study of model buildi...
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Add to cartAnalytics correct answer: "Turning information into insight and developing conclusive facet-based strategies to gain a competitive edge." 
Encompasses: 
- Implies the analysis of very large data sets. 
- Statistics of the study of data analysis. 
- Management science or the study of model buildi...
Analytics is a broad term that refers to a variety of tools that inform managerial decisions. correct answer: Prescriptive 
 
performance tool correct answer: The Performance tool provides server demand statistics for the current user since log in, or since the last time you reset the Performance ...
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Add to cartAnalytics is a broad term that refers to a variety of tools that inform managerial decisions. correct answer: Prescriptive 
 
performance tool correct answer: The Performance tool provides server demand statistics for the current user since log in, or since the last time you reset the Performance ...
1. 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? 
O Descriptive 
O Pareto chart 
O Biased 
O Prescriptive correct answer: O Prescriptive 
 
2. What are two reasons for the increasing use o...
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Add to cart1. 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? 
O Descriptive 
O Pareto chart 
O Biased 
O Prescriptive correct answer: O Prescriptive 
 
2. What are two reasons for the increasing use o...
Statistical analysis can be used to make __________ about entire populations using samples. correct answer: inferences 
 
What percent of the data of a normal distribution is within two standard deviations of the mean? correct answer: 95.4 
 
Judy is a big supporter of her local police force. A su...
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Add to cartStatistical analysis can be used to make __________ about entire populations using samples. correct answer: inferences 
 
What percent of the data of a normal distribution is within two standard deviations of the mean? correct answer: 95.4 
 
Judy is a big supporter of her local police force. A su...
C207 WGU - Section 6 Improving Organizational Performance Questions With Complete Solutions
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Add to cartC207 WGU - Section 6 Improving Organizational Performance Questions With Complete Solutions
C207 WGU - Section 5 Real-World Data-Driven Decisions Questions And Answers With Complete Solutions
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Add to cartC207 WGU - Section 5 Real-World Data-Driven Decisions Questions And Answers With Complete Solutions
A SIPOC diagram helps you manage quality in which of the following ways? correct answer: It helps you understand how process elements fit together. 
 
Your quality management processes should monitor ________. correct answer: both the products you make and the processes you use to make them 
 
Qua...
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Add to cartA SIPOC diagram helps you manage quality in which of the following ways? correct answer: It helps you understand how process elements fit together. 
 
Your quality management processes should monitor ________. correct answer: both the products you make and the processes you use to make them 
 
Qua...
C207 WGU - Section 3 Questions With Complete Solutions
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Add to cartC207 WGU - Section 3 Questions With Complete Solutions
C207 WGU - Section 1 quantitative analysis Questions With Complete Solutions
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Add to cartC207 WGU - Section 1 quantitative analysis Questions With Complete Solutions
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