WGU MANAGEMENT C207 PRE-ASSESSMENT: DATA-DRIVEN DECISION MAKING PVPC

PRE-ASSESSMENT: DATA-DRIVEN DECISION MAKING PVPC


1.
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?


YOUR CORRECT
ANSWER ANSWER


Prescriptiv

e

Predictive
Pareto chart

Biased




2.
What are two reasons for the increasing use of analytics in organizational decision making?

Choose 2 answers


YOUR CORRECT
ANSWER ANSWER


Relatively lower cost of computer
storage



Lower availability of statistical experts

Higher cost of obtaining data

Higher computer processing power




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,3.
In what way does probability theory inform decision-making for managers?


YOUR CORRECT
ANSWER ANSWER


By quantifying
risk



By quantifying data


By quantifying quality



By quantifying costs




4.
Which type of data are the Olympic medals of gold, silver, and bronze examples of?


YOUR CORRECT
ANSWER ANSWER




Nominal data


Ordinal data



Interval data

Ratio data




5.
What are some of the aspects of data quality management?

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,Choose 2 answers



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ANSWER ANSWER




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, It calculates spurious data.


It reduces the amount of incomplete data.

It monitors data input rates.

It cleans data.




6.
Which two attributes indicate potential data quality issues when evaluating a set of nominal data?

Choose 2 answers


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ANSWER ANSWER




Outlier data


Missing data



Out-of-range data


Misspelled data




7.
When conducting a study that measures an individual’s weight, all scales are calibrated prior to use
in measurement.

Which type of error should this procedure significantly reduce?


Syste YOUR ANSWER
matic
error

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