Exam (elaborations)
WGU Data Driven Decision Making - C207 (146 questions and answers)
WGU Data Driven Decision Making - C207 (146 questions and answers)
[Show more]
Content preview
WGU Data DrivenDecision Making -
C207 (146 questions
and answers)
Activities (RBM stage) - answer second step
involves the process that converts inputs to
outputs (actions necessary to produces results -
training, evaluating, developing)
Alternative hypothesis - answer The argument
that either a sample is not equal to, greater than,
or less than the hypothesized null sample
Analysis of Variance (ANOVA) - answer a
technique used to determine if there is a sufficient
evidence from sample data of three or more
populations to conclude that the means of the
population are not all equal
Analytics - answer The discovery, analysis, and
communication of meaningful patterns in data.
,Autocorrelation - answer A relationship between
two variables that is inherently non-linear
Balanced Scorecard - answer An approach using
multiple measures to evaluate performance,
including financial measures, and the non-financial
measures of customers, internal business
processes, and learning and growth.
Bar chart - answer A graph that measures the
distribution of data over discrete groups or
categories.
Benchmarks - answer Standards or points of
reference for an industry or sector that can be
used for comparison and evaluation.
Big Data - answer very large amounts of data; an
all-encompassing term for any collection of data
sets so large and complex that it becomes difficult
to process them using traditional data processing
applications
Blind Study - answer A study performed where
the participants are not told if they are in the
treatment group or control group
, body mass index (BMI) - answer A measure, based
on a person's weight and height, that is used to
classify people as underweight or overweight.
Business process - answer A sequence of logically
related and time based work activities to provide a
specific output for a customer.
Central Limit Theorem - answer A theorem that
states that, the greater the sample, the closer the
mean of the sample is to the entire population and
the more the results will look like a normal
distribution
Cluster Analysis - answer The process of
arranging terms or values based on different
variables into "natural" groups
Cointegration - answer Occurs when two time
series are moving with a common pattern due to a
connection between the two time series
Combination - answer The number of different
unordered possibilities for a certain situation.
Complement - answer The occurrence of an event
not happening, the opposite
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller FREEMANSHARP. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $16.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
80461 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now