Wgu c207 module 3 - Study guides, Class notes & Summaries

WGU C207 OA Module 3 Data Driven Decision Making Questions and Answers (2022/2023) (Verified Answers) Linear Programming A craftsman builds two kinds of birdhouses. One for bluebirds and one for cardinals. He knows the amount of labor and the units of lumber that are needed for each birdhouse. The craftsman has available 60 hours of labor and 120 units of lumber. Which technique should the craftsman use to minimize cost? Cross Over Ski Boards, Inc. wants to enter the market quickly with a ...

WGU C207 – Final Self-Assessments Q&A MODULE 1 1. IF you were to take your temperature 10 times in a row using the same thermometer and got the same result every time, you could say that the thermometer is . a. Valid b. Reliable c. Accurate d. Measurable 2. According to the 2000 census the average number of people in a family in the US was 3.17. Since it isn't possible to have .17 of a person, you would use a data point to describe the number of people in your family. a. Continuous b. Discret...

The relationship between several independent variables and one dependent variable is shown using __________. a logistic regression b simple linear regression c multiple linear regression d nonlinear regression correct answersc multiple linear regression Company A sells its 12,000th unit of the year. With that sale, the company's revenue and cost curves meet. What is this point called? a revenue point b crossover point c cost point d breakeven point correct answersd breakeven poin...

trend is a general direction in which something is developing or changing analysis of variance (ANOVA) verifies if multiple populations of data are the same or at least one is different than the others. cyclicality describes results that go up and down periodically, but don't necessarily follow the calendar homoscedasticity assumes that the variance of a dependent variable is consistent across the range of values median is the midpoint value of a group of measurements statistical popula...

WGU C207 STUDY GUIDE MODULE 3 & 4...

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 ...