C207 Study guides, Class notes & Summaries

WGU C207 Final Self-Assessment Q&A Question 1 Amanda is measuring the temperature. She looks at the thermometer and sees that it is somewhere between 65 and 66 degrees Fahrenheit. She is okay with the temperature in between two integers because she knows temperature is not data, but temperature is data. • a) Nominal, Ordinal • b) Nominal, Discrete • c) Continuous, Discrete • d) Discrete, Continuous Feedback: The correct answer is D. Temperature is not a measure that comes in in...

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 What are two reasons for the increasing use of analytics in organizational decision-making? CORRECT ANSWERS: Relatively lower cost of computer storage; Higher computer processing power How does probability theory inform decision-making for managers? CORRECT ANSWERS: By quantifying risk Which type of data ar...

WGU C207 - Data-Driven Decision Making - PreAssessment Questions and answers Analytics is a broad term that refers to a variety of tools that inform managerial decisions. Prescriptive What are two reasons for the increasing use of analytics in organizational decision making? 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 gol...

WGU C207 Data Driven Decision Making Final Exam Questions and Answers (2023/2023) (Verified Answers) WGU C207 Data Driven Decision Making Final Exam Questions and Answers (2023/2024) (Verified Answers)

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

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WGU C207 Pre Assessment Data-Driven Decision Making;Latest();/Questions and Answers 100% Verified WGU C207 Pre Assessment Data-Driven Decision Making;Latest();/Questions and Answers 100% Verified

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...