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COMBINED WGU C207 Data Driven Decision Making Graded A Exam Questions And Answers 2024
COMBINED WGU C207 Data Driven Decision Making Graded A Exam Questions And Answers 2024
[Show more]COMBINED WGU C207 Data Driven Decision Making Graded A Exam Questions And Answers 2024
[Show more]Activities (RBM stage) - second step involves the process that converts inputs to outputs (actions necessary to produces results - training, evaluating, developing) 
 
Alternative hypothesis - The argument that either a sample is not equal to, greater than, or less than the hypothesized null sample ...
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Add to cartActivities (RBM stage) - second step involves the process that converts inputs to outputs (actions necessary to produces results - training, evaluating, developing) 
 
Alternative hypothesis - The argument that either a sample is not equal to, greater than, or less than the hypothesized null sample ...
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 - b 
 
A manufacturer wants to maximize their factory output while specifically...
Preview 2 out of 15 pages
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 - b 
 
A manufacturer wants to maximize their factory output while specifically...
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 - a 
 
What are two reasons for the increasing use of analytics in organizational dec...
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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 - a 
 
What are two reasons for the increasing use of analytics in organizational dec...
Descriptive - Past data only; Not predicting or optimizing 
 
Predictive - Past to predict the future; Predicting, no optimizing 
 
Prescriptive - Past to predict the future and optimizing 
 
Omission - Missing information 
 
Out of Range - Doesn't match the data or not true 
 
Reliable - Constant ...
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Add to cartDescriptive - Past data only; Not predicting or optimizing 
 
Predictive - Past to predict the future; Predicting, no optimizing 
 
Prescriptive - Past to predict the future and optimizing 
 
Omission - Missing information 
 
Out of Range - Doesn't match the data or not true 
 
Reliable - Constant ...
Z-Score - 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 - How far a set of numbers are spread. Used for Data set. Hint Words = Risk, spread. 
 
Multiplication Rule ...
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Add to cartZ-Score - 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 - How far a set of numbers are spread. Used for Data set. Hint Words = Risk, spread. 
 
Multiplication Rule ...
The relationship between several independent variables and one dependent variable is shown using __________. 
 
a logistic regression 
b simple linear regression 
c multiple linear regression 
d nonlinear regression - c multiple linear regression 
 
Company A sells its 12,000th unit of the year. Wit...
Preview 2 out of 12 pages
Add to cartThe relationship between several independent variables and one dependent variable is shown using __________. 
 
a logistic regression 
b simple linear regression 
c multiple linear regression 
d nonlinear regression - c multiple linear regression 
 
Company A sells its 12,000th unit of the year. Wit...
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