C207 module 1 exam - Study guides, Class notes & Summaries

WGU C207 STUDY GUIDE MODULE 1 & 2 Exam With 100% Correct Answers 2024/2025 Analytics - answeris the discovery, analysis and communication of meaningful patterns in data information bias - answeris a prejudice in data that results when either the respondent or the interviewer have & agenda that affects responses ordinal data - answerplaces data into categories that are ordered by a predetermined criteria interval data - answeris numerical data that is ordered, is equal distance apart & do...

C207 Module 1 EXAM WITH VERIFIED QUESTIONS AND ANSWERS Module 1 Quiz 6 of 14 points 1. For companies to attract and retain their best customers they need a 1/1 complete portrait of who they are. To develop this portrait companies turn to… Statistics Analytics Management Science Histograms 2. A manufacturer wants to maximize their factory output while specifically minimizing labor costs. What type of analytics might they employ to achieve this goal? 1/1 Descriptive Analytics ...

C207 Module 1 EXAM WITH VERIFIED QUESTIONS AND ANSWERS Module 1 Quiz 6 of 14 points 1. For companies to attract and retain their best customers they need a 1/1 complete portrait of who they are. To develop this portrait companies turn to… Statistics Analytics Management Science Histograms 2. A manufacturer wants to maximize their factory output while specifically minimizing labor costs. What type of analytics might they employ to achieve this goal? 1/1 Descriptive Analytics ...

WGU C207 Data Driven Decision Making Module 1 Exam (Answered) Quantitative analysis is another name for what? statistics If a dataset is presented on a scale of hours per week, which measurement scale is used? ratio The use of data, statistical and quantitative analysis, explanatory and predictive models, and fact-based management to drive decisions and add value is called ________. Analytics Analytics makes use of all these things to drive decision-making and add value. First, second, t...

C207 Module 1 EXAM WITH VERIFIED QUESTIONS AND ANSWERS Module 1 Quiz 6 of 14 points 1. For companies to attract and retain their best customers they need a 1/1 complete portrait of who they are. To develop this portrait companies turn to… Statistics Analytics Management Science Histograms 2. A manufacturer wants to maximize their factory output while specifically minimizing labor costs. What type of analytics might they employ to achieve this goal? 1/1 Descriptive Analytics ...

C207 Module 1 EXAM WITH VERIFIED QUESTIONS AND ANSWERS Module 1 Quiz 6 of 14 points 1. For companies to attract and retain their best customers they need a 1/1 complete portrait of who they are. To develop this portrait companies turn to… Statistics Analytics Management Science Histograms 2. A manufacturer wants to maximize their factory output while specifically minimizing labor costs. What type of analytics might they employ to achieve this goal? 1/1 Descriptive Analytics ...

Analytics -is the discovery, analysis and communication of meaningful patterns in data information bias -is a prejudice in data that results when either the respondent or the interviewer have & agenda that affects responses ordinal data -places data into categories that are ordered by a predetermined criteria interval data -is numerical data that is ordered, is equal distance apart & does not have a natural zero

WGU C207 Data Driven Decision Making Module 2 Exam (Answered) Which of the following is NOT an application of statistics in business? a Determine the internet advertiser that will reach the most people from extensive page view data. b Determine a target market based on information on household incomes throughout the country. c Predict trends in certain investments of big companies from previous results of Fortune 100 companies. d Forecast likelihood of board of director decisions from ...