Wpc 300 exam - Study guides, Class notes & Summaries

WPC 300 Exam with correct Answers

WPC 300 Exam 2 () || With 100% Accurate Solutions WPC 300 Exam 2 () || With 100% Accurate Solutions Which of the following statements is true? a - experimentation is a way of analytical thinking b - analytical thinking is not based on facts c - using intuition is a way of analytical thinking d - heuristic thinking is slow - ANSWER - a - experimentation is a way of analytical thinking __________ refers to a bias that causes an individual to value an owned object higher than its mar...

WPC 300 EXAM QUESTIONS WITH REVISED ANSWERS (ALREADY GRADED A+) Which of the following is an application of machine learning - Answer- Predict what words or phrases will be typed next Which of the following techniques would you use to find out what additional products are being bought by the customer in conjunction with other products - Answer- Market basket analysis Google's self driving car is an example of ____ in action - Answer- Artificial Intelligence Which of the following is...

WPC 300 Exam 1 || With Questions & 100% Correct Solutions WPC 300 Exam 1 || With Questions & 100% Correct Solutions Anchoring bias - ANSWER - Over-reliant on the first piece of information is called Gamblers' fallacy is ____________. - ANSWER - a clustering illusion Which of the following is an example of secondary data? - ANSWER - Firm's proprietary data In an agile approach of analytics what is the first step of the process? - ANSWER - perform business discovery Predictiv...

WPC 300 Exam 2 Questions and Answers

WPC 300 Exam Questions Complete Answers New Update (A+ Pass) Which of the following is NOT a principle of problem facing - Answers - routinize the procedure finding patterns in data in an example of _____ modeling - Answers - explanatory (patterns and features) Which of the following analytic techniques can be used to find out "which month had the highest sales year" - Answers - descriptive Which of the following analysis can be used to understand a casual relationship? - Answ...

WPC 300 Exam Questions Verified Marking Scheme New Update What step of the bullet proof problem solving helps avoid making common decision-making biases? - Answers - Step 4: Build a work plan and time table Primary focus of managerial skills in 1970's - Answers - Focus on strategy Problem solving technique used for prioritization - Answers - Pruning Steps of Bullet Proof Problem Solving - Answers - Define problem, Disaggregate, Prioritize, workplan, analyze, synthesize, communicat...