WPC 300 EXAM QUESTIONS AND
ANSWERS 100% PASS 2026/2027
Which of the following statements is true?
a - experimentation is a way of analytical thinking
b - analytical thinking is not based on facts
c - using intuition is a way of analytical thinking
d - heuristic thinking is slow - ANS a - experimentation is a way of analytical thinking
__________ refers to a bias that causes an individual to value an owned object higher than its
market value - ANS endowment effect
predictive analytics may be applied to ___________, which is a set of techniques that use
descriptive data and forecasts to identify the decisions most likely to result in the best
performance. - ANS prescriptive analytics
when you keep eating the food you don't like precisely because you already bought the food,
you are committing __________. - ANS sunk-cost fallacy
in an agile approach of analytics, what is the last step of the process? - ANS evaluate &
improve
@2026 ALLRIGHTS RESERVED 1
ANSWERS 100% PASS 2026/2027
Which of the following statements is true?
a - experimentation is a way of analytical thinking
b - analytical thinking is not based on facts
c - using intuition is a way of analytical thinking
d - heuristic thinking is slow - ANS a - experimentation is a way of analytical thinking
__________ refers to a bias that causes an individual to value an owned object higher than its
market value - ANS endowment effect
predictive analytics may be applied to ___________, which is a set of techniques that use
descriptive data and forecasts to identify the decisions most likely to result in the best
performance. - ANS prescriptive analytics
when you keep eating the food you don't like precisely because you already bought the food,
you are committing __________. - ANS sunk-cost fallacy
in an agile approach of analytics, what is the last step of the process? - ANS evaluate &
improve
@2026 ALLRIGHTS RESERVED 1
