WGU C207 Data Driven Decision Making Questions and Correct Answers | Latest Update
6 views 0 purchase
Course
WGU C207
Institution
WGU C207
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...
Best Grades | Must Pass | Latest Update | Correct Answers | 2024/2025
WGU C207 Data Driven Decision Making
Questions and Correct Answers | Latest
Update
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
→ ~~> A method for finding the probability that both of two events occur. When the
probabilities of multiple events are multiplied together to determine the likelihood of
all of the events happening. Word Hint: And
Addition Rule
→ ~~> A method for finding the probability that either or both of two events occur.
When two events, A and B, are mutually exclusive, the probability that A or B will
occur is the sum of the probability of each event. Word Hint: Either/or.
Combination Rule
→ ~~> How many combinations can be made.
~1~ for inquiry mail me @ supergrades12@gmail.com
, Best Grades | Must Pass | Latest Update | Correct Answers | 2024/2025
Bayes Theorem
→ ~~> Probability of an event , based on conditions that might be related to the
event. Conditional probability. A formula that calculates conditional probabilities.
Important for understanding how new information affects the probabilities of outcomes.
Word Hint: Given that.
Median
→ ~~> Number halfway into the data set. Hint Word: Typical
Mode
→ ~~> Number that occurs most often in a data set.
Mean
→ ~~> Average. Add all numbers and divide.
Standard Deviation
→ ~~> How spread out the numbers are. Square root of the variance.
Pareto Chart
→ ~~> Contains both line and bar graphs. Ordered by frequency of occurrence that
shows how many results were generated by each identified cause.
Cause and Effect Diagram
→ ~~> Shows the causes of a specific event.
~2~ for inquiry mail me @ supergrades12@gmail.com
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 Examify. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.49. You're not tied to anything after your purchase.
