BUNDLE - WPC EXAMS

WPC Exam 1 Practice Questions & Answers 2023/2024 Predictive analytics may be applied to __________, which is a set of techniques that use descriptive data and forecasts to identify the decisions most likely to result in the best performance. a. Explanatory analytics b. Prescriptive analytics...

WPC 300 EXAM QUESTIONS & ANSWERS 2023/2024 what is analytics? - ANSWER--Analytics is the process of developing actionable decisions or recommendations for actions based on insights generated from historical data -According to the Institute for Operations Research and Management Science (INFORM...

WPC 300 Exam 1 Questions & Answers 2023/2024 Anchoring bias - ANSWER-Over-reliant on the first piece of information is called Gamblers' fallacy is ____________. - ANSWER-a clustering illusion Which of the following is an example of secondary data? - ANSWER-Firm's proprietary data In ...

WPC 300 Final Exam Questions & Answers 2023/2024 In an agile approach of analytics, what is the first step of the process? Perform data discovery Perform business discovery Score and deploy Model data - ANSWER-Perform business discovery In an ETL process, data is loaded into a fina...

WPC 300 Final Exam Questions & Answers 2023/2024 perform business discovery - ANSWER-In an agile approach of analytics what is the first step of the process? data warehouse - ANSWER-In an ETL process, data is loaded into a final target database such as: prescriptive analytics - ANSWER-Whi...

WPC 300 Final Exam Questions & Answers 2023/2024 For a normal distribution mean is _______ to median. -not equal -greater than -equal -less than - ANSWER-equal Which of the following describes a positively skewed histogram? -a histogram with large kurtosis -a histogram for which mean a...

WPC 480 Exam 1 Questions & Answers 2023/2024 Ackbar, Inc. has had 40% growth in accounting profits for several years, and each new year has been the highest profits Ackbar has ever had. What can you conclude from this information about Ackbar's competitive advantage? - ANSWER-Competitive advan...

WPC Quiz Questions & Answers 2023/2024

WPC 480 midterm exam questions & answers 2023/2024 Strategic competitiveness - ANSWER-Achieved when a firm creates and applies a strategy that creates value, this is not lasting, you need to be in the shoes of the competitor. Competitive advantage - ANSWER-When a firm formulates and implemen...

WPC 300 FINAL EXAM QUESTIONS & ANSWERS 2023/2024 Which of the following describes the standard deviation? - ANSWER-It is the square root of the variance. When two variables are highly positively correlated, the correlation coefficient will be _______. - ANSWER-close to 1 According to stat...

WPC Exam Questions & Answers 2023/2024 Multicollinearity occurs when - ANSWER-two independent variables in the regression model are highly correlated What would be an example of a null hypothesis when you are testing correlations between random variables x and y? - ANSWER-there is no signifi...

WPC 470 Final Exam Questions & Answers 2023/2024 Wallingford Company is trying to determine optimal ways to collect and distribute knowledge throughout the firm. This is an activity for which support function in the value chain? a.Human resources b.Finance c.Management information systems d...

WPC 470 Moore ASU Final Exam Questions & Answers 2023/2024 Business-level strategy - ANSWER-The goal-directed actions managers take in their quest for competitive advantage when competing in a single product market Blue ocean strategy - ANSWER-Business level strategy that successfully combin...

WPC 470 - All Quiz Answers 2023/2024 A diagnosis of the competitive challenge, an element of a good strategy, is primarily accomplished through strategy - ANSWER-analysis (strategy analysis) Which of the following does a firm possess when it can outperform other firms in the same industry or...