Bayes rule - Study guides, Class notes & Summaries
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WGU C207 Data Driven Decision Making | 76 Questions and Answers Complete 100% verified
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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 ...
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ISYE 6501 FINAL EXAM (PRACTICE QUESTIONS AND ANSWERS)
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1-norm - CORRECT ANSWER-Similar to rectilinear distance; measures the straight-line 
length of a vector from the origin. If z=(z1,z2,...,zm) is a vector in an m-dimensional 
space, then it's 1-norm is square root(|
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Straighterline MAT150 Business Statistics Graded MIDTERM Exam (New Version August 2024) Graded 100%
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Straighterline MAT150 Business Statistics Graded MIDTERM Exam (New Version August 2024) 
Graded 100% 
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Math Midterm 2 Finite Math / Math 19000 midterm 2 review NEWEST 2024 EXAM COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES VERIFIED ANSWERS ALREADY GRADED A+
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Math Midterm 2 Finite Math / 
Math 19000 midterm 2 review 
NEWEST 2024 EXAM COMPLETE 
QUESTIONS AND CORRECT 
DETAILED ANSWERS WITH 
RATIONALES VERIFIED 
ANSWERS ALREADY GRADED A+ 
sample space - CORRECT ANSWER-the set of all possible 
outcomes 
denoted by S 
events - CORRECT ANSWER-A subset of a sample space. 
simple event - CORRECT ANSWER-contains exactly one 
outcome 
impossible event - CORRECT ANSWER-empty set 
certain event - CORRECT ANSWER-is the sample space 
mutually exclusive - CORRECT A...
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C207 Modules 1, 2, 3, 4 and 5 Exam Questions and Answers
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Middle Score for a set of data - Answer-Median 
 
Tells us the number of standard deviations a data point is from the mean - Answer-Z score 
 
If the average is the same for two groups, what will determine their differences? - Answer-Variance 
 
The spread of data in a sample. How far the data points are from the mean - Answer-Standard deviation 
 
Measure of central Tendency that is influenced by the size of the values in a dataset - Answer-Mean 
 
Each of the 4 quartile groups a population can...
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WGU C207 Data Driven Decision Making Exam With 100% Correct Answers
- Exam (elaborations) • 6 pages • 2024
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WGU C207 Data Driven Decision Making 
Exam With 100% Correct Answers 
Z-Score - answerData 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 - answerHow far a set of numbers are spread. Used for Data set. Hint Words = 
Risk, spread. 
Multiplication Rule - answerA method for finding the probability that both of two events 
occur. When the probabilities of multiple events a...
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WGU C207 OA Questions and Answers Latest Updated 2024/2025 | Scored A+
- Exam (elaborations) • 21 pages • 2024
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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 Prescriptive 
What are two reasons for the increasing use of analytics in organizational decision making? 
Choose 2 answers Relatively lower cost of computer storage 
Higher computer processing power 
In what way does probability theory inform decision-making for managers? By quantifying 
risk 
Which type of data are the Olympic medals of gold, si...
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WGU C207 OA Questions and Answers Latest Updated 2024/2025 | Rated A+.
- Exam (elaborations) • 21 pages • 2024
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WGU C207 OA Questions and Answers Latest Updated 2024/2025 | Rated A+. Which term can be used to describe managerial decisions Prescriptive 
What are two reasons for the increasing use of analytics in organizational decision making? 
Choose 2 answers Relatively lower cost of computer storage 
Higher computer processing power 
In what way does probability theory inform decision-making for managers? By quantifying 
risk 
Which type of data are the Olympic medals of gold, silver, and bronze example...
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BAYESIAN APPROACH || with Complete Solutions.
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Bayesian Metaphor correct answers -Three approaches or metaphors for human cognition 
- Information processing metaphor 
- Connectionist Metaphor 
- Bayesian Metaphor 
 
Information processing metaphor correct answers -the mind as a serial computer,with memory stores, buffers, executive control, ... 
 
Connectionist Metaphor: correct answers -the mind as a brain,with parallel distributed processing 
 
Bayesian Metaphor correct answers -the mind as doing statistical inference 
 
Statistics corre...
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WGU C207 OA 2023
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WGU C207 OA 2023. By quantifying risk - Answer In what way does probability theory inform decision-making 
for managers? 
Ordinal data - Answer Which type of data are the Olympic medals of gold, silver, and 
bronze examples of? 
It reduces the amount of incomplete data. 
It cleans data. - Answer What are some of the aspects of data quality management? 
Choose 2 answers 
Missing data 
Misspelled data - Answer Which two attributes indicate potential data quality issues 
when evaluating a set of no...
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