Wgu c207 data driven - Study guides, Class notes & Summaries

WGU C207 DATA-DRIVEN DECISION MAKING OBJECTIVE ASSESSMENT DETAILED QUESTIONS AND correct ANSWERS/latest update 1. 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? (correct answers)Prescriptive 2. What are two reasons for the increasing use of analytics in organizational decision-making? Choose 2 answers. (correct answers) Relatively lower cost of computer storage Higher compu...

WGU C207 DATA DRIVEN DECISION MAKING FINAL EXAM LATEST 2023-2024 EXAM WITH 300 REAL EXAM QUESTIONS AND CORRECT ANSWERS(VERIFIED ANSWERS)AGRADE What are two reasons for the increasing use of analytics in organizational decisionmaking?Choose 2 answers. Relatively lower cost of computer storage Lower availability of statistical experts Higher cost of obtaining data Higher computer processing power - ANSWER- Relatively lower cost of computer storage Higher computer processing power H...

C207 Data-Driven Decision Making FINAL EXAM 2024 LATEST GRADED A+ WGU CERTIFIED EXAM

WGU C207 Data Driven Decision Making Module 1- 6 Frame the Problem, Solving the Problem and Communicating Results are part of which decision making model? - ANSWER Davenport-Kim three-stage model In which stage of the Davenport-Kim model is problem recognition? - ANSWER Framing the problem In which stage of the Davenport-Kim model is data collection? - ANSWER S...

WGU C207 Data Driven Decision Making Quizzes 2024/25 (Quiz 1) 1. For companies to attract and retain their best customers they need a complete portrait of who they are. To develop this portrait companies turn to... A) Statistics B) Analytics C) Management Science D) Histograms B

WGU C207 Data Driven Decision Making Z-Score - ANSWER 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 - ANSWER How far a set of numbers are spread. Used for Data set. Hint Words = Risk, spread. Multiplication Rule - ANSWER ...

WGU C207 DATA DRIVEN DECISION-MAKING OBJECTIVE ASSESSMENT 2024 QUESTIONS AND CORRECT ANSWERS AGRADE

WGU C207 Data Driven Decision Making Module 1 Quantitative analysis is another name for what? a) algebra b) mathematics c) statistics d) probability - ANSWER c) statistics If a dataset is presented on a scale of hours per week, which scale of measurement is being used? a) nominal b) ordinal c) interval d) ratio - ANSWER d) ratio ...

WGU C207 DATA DRIVEN DECISION-MAKING OBJECTIVE ASSESSMENT EXAM A, B &C LATEST ACTUAL EXAM QUESTIONS AND ANSWERS GRADED A+