WGU C207 OA DATA DRIVEN DECISION MAKING FINAL EXAM | 70 LATEST QUESTIONS WITH CORRECT DETAILED ANSWERS ALREADY GRADED A+

WGU C207 OA DATA DRIVEN DECISION MAKING FINAL EXAM | 70 LATEST QUESTIONS WITH CORRECT DETAILED ANSWERS ALREADY GRADED A+ Analytics is a broad term that refers to a variety of tools that inform managerial decisions. - Correct Answer Prescriptive What are two reasons for the increasing use of analytics in organizational decision making? - Correct Answer Relatively lower cost of computer storage Higher computer processing power In what way does probability theory inform decision-making for managers? - Correct Answer By quantifying risk Which type of data are the Olympic medals of gold, silver, and bronze examples of? - Correct Answer Ordinal data What are some of the aspects of data quality management? - Correct Answer It cleans data It reduces the amount of incomplete data. Which two attributes indicate potential data quality issues when evaluating a set of nominal data? - Correct Answer Missing data