Wgu c207 exam - Study guides, Class notes & Summaries
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WGU C214 OA Financial Management Exam Questions and Answers Updated (2024/2025) (Verified Answers)
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FOR BETTER KNOWLEDGE OF THE WGU C214 OA FINANCIAL MANAGEMENT EXAM, PURCHASE THE PACKAGE BELOW ⬇⬇⬇ AND THANK ME LATER 
 
WGU C214 OA Financial Management Exam Questions and Answers Updated (2024/2025) (Verified Answers) 
WGU C214 OA Financial Management Exam Questions and Answers Latest (2024/2025) (Verified Answers) 
 
WGU C214 OA Financial Management Exam Questions and Answers Updated Latest (2024/2025) (Verified Answers) 
 
WGU C214 Financial Management Objective Assessment Exam Question...
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WGU C207 Exam Questions and Answers with Complete Solutions
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WGU C207 Exam Questions and Answers with Complete Solutions
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WGU C207 Exam Questions With Complete Answers
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WGU C207 Exam Questions With Complete Answers
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WGU C207 Exam Questions and Answers 100% Pass!!
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WGU C207 Exam Questions and 
Answers 100% Pass!! 
here are two types of statistics (Analytics) -Answer-descriptive and inferential 
Descriptive statistics are used to ______ -Answer-Inform / Explanatory 
Inferential statistics are used to ______ -Answer-Predict / Trend 
Name the 4 levels of measurement -Answer-(NOIR) Nominal, Ordinal, Interval, Ratio 
Continuous data with unique zero point -Answer-ratio 
Orders data at equal distance apart -Answer-interval 
Place qualitative objects in some kind...
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WGU C207 DATA DRIVEN DECISION MAKING FINAL EXAM LATEST 2023-2024 EXAM WITH 300 REAL EXAM QUESTIONS AND CORRECT ANSWERS(VERIFIED ANSWERS)AGRADE
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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...
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WGU C207 Exam Questions And Answers All Verified
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WGU C207 Exam Questions And Answers All Verified 
 
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? - ANS Prescriptive 
 
What are two reasons for the increasing use of analytics in organizational decision-making? - ANS Relatively lower cost of computer storage; Higher computer processing power 
 
How does probability theory inform decision-making for managers? - ANS By quantifying ris...
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WGU C207 Exam Questions with Complete Solutions
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WGU C207 Exam Questions with Complete Solutions 
What is the key focus on analysis? - ANSWER To predict trends using quantitative data. 
 
What are the four levels of measurement? - ANSWER 1. Nominal 
2. Ordinal 
3. Interval 
4. Ratio 
 
Nominal data - ANSWER is categorical. It has no numerical value. It's not a number. 
Examples: 
-the types of pizza you sell 
-meatball 
-veggie 
-cheese 
(these are labels, they can't be added or subtracted) 
 
Ordin...
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WGU C207 Exam Questions and Answers 100% Verified and Updated 2024
- Exam (elaborations) • 7 pages • 2024
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WGU C207 Exam Questions and Answers 
100% Verified and Updated 2024 
There are two types of statistics (Analytics) -Answer-descriptive and inferential 
Descriptive statistics are used to ______ -Answer-Inform / Explanatory 
Inferential statistics are used to ______ -Answer-Predict / Trend 
Name the 4 levels of measurement -Answer-(NOIR) Nominal, Ordinal, Interval, Ratio 
Continuous data with unique zero point -Answer-ratio 
Orders data at equal distance apart -Answer-interval 
Place qualitative ...
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WGU C207 Exam Q&A
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WGU C207 Exam Q&A.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 – 
ANSWER-Analytics 
A manufacturer wants to maximize their factory output while specifically minimizing 
labor costs. What type of analytics might they employ to achieve this goal? – ANSWER 
Prescriptive Analytics 
What type of data error that occurs in measurement is constant within a data set and is 
sometimes caused by fault...
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WGU C207 Exam Questions and Answers 100% Pass
- Exam (elaborations) • 21 pages • 2024
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WGU C207 Exam Questions and 
Answers 100% Pass 
Mean -Answer-The mean is the usual average, so add and then divide: 
(13 + 18 + 13 + 14 + 13 + 16 + 14 + 21 + 13) ÷ 9 = 15. 
Median -Answer-Re write the list in numerical order. Then it is the middle number. 13, 
13, 13, 13, 14, 14, 16, 18, 21. So, the median is 14. 
Mode -Answer-The mode is the number that is repeated more often than any other. The 
sample mean can be used as an estimate of the population mode. 
Range -Answer-The largest value in...
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