WGU C207 DATA-DRIVEN DECISION MAKING OBJECTIVE ASSESSMENT DETAILED Exam Questions and Answers (2024/2025) (Verified Answers)
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Course
WGU C207
Institution
WGU C207
WGU C207 DATA-DRIVEN DECISION MAKING OBJECTIVE ASSESSMENT DETAILED Exam Questions and Answers (2024/2025) (Verified Answers)
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? (ACCURATE ANS)Presc...
WGU C207 DATA-DRIVEN
DECISION MAKING OBJECTIVE
ASSESSMENT DETAILED Exam
Questions and Answers
(2024/2025) (Verified Answers)
, 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? (ACCURATE ANS)Prescriptive
2. What are two reasons for the increasing use of analytics in organizational decision-making?
Choose 2 answers. (ACCURATE ANS)Relatively lower cost of computer storage
Higher computer processing power
3. How does probability theory inform decision-making for managers? (ACCURATE ANS)By quantifying
risk
4. Which type of data are the Olympic medals of gold, silver, and bronze examples of?
(ACCURATE ANS)Ordinal data
5. What are two aspects of data quality management?
Choose 2 answers. (ACCURATE ANS)It reduces the amount of incomplete data.
It cleans data.
6. Which two attributes indicate potential data quality issues when evaluating a set of nominal data?
Choose 2 answers. (ACCURATE ANS)Missing data
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