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WGU C207 Pre Assessment Study Guide Questions and Correct Answers | Latest Update $9.99   Add to cart

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WGU C207 Pre Assessment Study Guide Questions and Correct Answers | Latest Update

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  • Course
  • WGU C207
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  • WGU C207

Which term can be used to describe managerial decisions? → ~~> Prescriptive 2 reasons for the increase in use of analytics in organizational decision making? → ~~> 1. Relatively low cost of computer storage → 2. Higher computer processing power How does probability theory inform de...

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  • September 21, 2024
  • 8
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • WGU C207
  • WGU C207
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Best Grades | Must Pass | Latest Update | Correct Answers | 2024/2025




WGU C207 Pre Assessment Study Guide
Questions and Correct Answers | Latest
Update
Which term can be used to describe managerial decisions?


→ ~~> Prescriptive



2 reasons for the increase in use of analytics in organizational decision making?


→ ~~> 1. Relatively low cost of computer storage
→ 2. Higher computer processing power



How does probability theory inform decision-making for managers?


→ ~~> By quantifying risk



Which type of data are the Olympic medals of gold, silver, and bronze examples of?


→ ~~> Ordinal data



What are two aspects of data quality management?

→ ~~> 1. it reduces the amount of incomplete data
2. it cleans data




2 attributes of data quality issues when evaluating sets of nominal data?


→ ~~> 1. missing data
2. misspelled data



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, Best Grades | Must Pass | Latest Update | Correct Answers | 2024/2025




All scales are calibrated prior to use in measurement. Which type of error should this reduce?


→ ~~> Systemic error



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?


→ ~~> Response variable



A healthcare study follows a sample over time to identify how health habits of teenagers

impact their likelihood of acquiring disease later in life. Which type of research design does

this study describe?

→ ~~> Cohort study (a cohort study studies a group of people with a defining
characteristic, typically with a common event in a period, such as birth or graduation)



The likelihood of a record having a missing value is correlated to another variable in the

dataset. Which two types of errors might be introduced into the dataset if the removed record

included missing values?

→ ~~> 1. Systematic Error
2. Omission error




Which two variables would be used in determining a campaign to maximize revenue gain

from email advertising?




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