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WGU C207 Pre-Assessmen Multi Choice Version Data-Driven Decision Making (PVPC)(67 questions and answers)
WGU C207 Pre-Assessmen Multi Choice Version Data-Driven Decision Making (PVPC)(67 questions and answers)
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WGU C207 Pre-Assessmen Multi
Choice Version Data-
Driven Decision
Making (PVPC)(67
questions and answer)
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 - answer a
What are two reasons for the increasing use of
analytics in organizational decision making?
a. Relatively lower cost of computer storage
,b. Lower availability of statistical experts
c. Higher cost of obtaining data
d. Higher computer processing power - answer a,
d
In what way does probability theory inform
decision-making for managers?
a. By quantifying risk
b. By quantifying data
c. By quantifying quality
d. By quantifying costs - answer a
Which type of data are the Olympic medals of gold,
silver, and bronze examples of?
a. Nominal data
b. Ordinal data
c. Interval data
d. Ratio data - answer b
What are two aspects of data quality management?
a. It calculates spurious data.
b. It reduces the amount of incomplete data.
c. It monitors data input rates.
d. It cleans data. - answer b, d
, Which two attributes indicate potential data
quality issues when evaluating a set of nominal
data?
a. Outlier data
b. Missing data
c. Out-of-range data
d. Misspelled data - answer b, d
When conducting a study that measures an
individual's weight, all scales are calibrated prior
to use in measurement. Which type of error should
this procedure significantly reduce?
a. Systematic error
b. Omission error
c. Random error
d. Information error - answer a
An advertising manager creates a research study
by presenting low, medium, or high frequency of
the same ad in matched markets. The manager
then reports on sales in each market location.
What is the term for the different sales in this
study?
a. The experimental unit
b. The treatment
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