Wgu c207 m - Study guides, Class notes & Summaries

WGU C207 Modules 1 – 6 Exams Questions and Verified Answers (100% Correct Answers)

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 - Answer- b A manufacturer wants to maximize their factory output while specifically minimizing labor costs. What type of analytics might they employ to achieve this goal? a. Descriptive Analytics b. Predictive Analytics c. Prescriptive Analytics d. Diagnostic Analyti...

WGU C207 Modules 1-6 Exam Prep Questions And Answers (100%Correct Answers). Frame the Problem, Solving the Problem and Communicating Results are part of which decision making model? Davenport-Kim three-stage model In which stage of the Davenport-Kim model is problem recognition? Framing the problem In which stage of the Davenport-Kim model is data collection? Solving the problem What is a key reason we study statistics? To make informed decisions Visually presenting the data assists in...

WGU C207 Modules 1-6 Exam Prep Questions And Answers (100%Correct Answers). Frame the Problem, Solving the Problem and Communicating Results are part of which decision making model? Davenport-Kim three-stage model In which stage of the Davenport-Kim model is problem recognition? Framing the problem In which stage of the Davenport-Kim model is data collection? Solving the problem What is a key reason we study statistics? To make informed decisions Visually presenting the data assists in...

WGU C207 Modules 1-6 Exam Prep Questions And Answers (100%Correct Answers). Frame the Problem, Solving the Problem and Communicating Results are part of which decision making model? Davenport-Kim three-stage model In which stage of the Davenport-Kim model is problem recognition? Framing the problem In which stage of the Davenport-Kim model is data collection? Solving the problem What is a key reason we study statistics? To make informed decisions Visually presenting the data assists in...

WGU C207 Module Quizzes Multi Choice Version Data-Driven Decision Making Updated 2024/2025 Q&A Complete

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 A manufacturer wants to maximize their factory output while specifically minimizing labor costs. What type of analytics might they employ to achieve this goal? a. Descriptive Analytics b. Predictive Analytics c. Prescriptive Analytics d. Diagnostic Analytics - c ...

Descriptive analytics - ACCURATE ANSWERS Depict and then describe the characteristics of what is being studied Predictive analytics - ACCURATE ANSWERS Use data from the past to predict the future Prescriptive Analytics - ACCURATE ANSWERS Include experimental design and optimization to suggest a course of action Data Mining - ACCURATE ANSWERS the process of discovering patterns in large data sets. Data mining is performed on big data to decipher patterns from these large databases. Fr...

What level of measurement is this the 10 best cities in the U.S. to retire in? a. Nominal b. Ordinal c. Interval d. Ratio - ️️b The Davenport-Kim three-stage model consists of framing the problem, solving the problem, and communicating results. Which two of the following are part of framing the problem stage? a. Determine the scope of the problem b. Data collection c. Review of previous findings d. Presenting a recommendation - ️️a, c What type of data error that occurs in me...

WGU C207 Module Quizzes Multi Choice Version Data-Driven Decision Making Exam Questions and Answers 2024