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WGU C207 Data Driven Decision Making
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OBJECTIVE ASSESSMENT Latest Questions and
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Answers (Verified Answers)
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Analytics is a broad term that refers to a variety of tools that inform
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managerial decisions. - ANSWER--Prescriptive
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What are two reasons for the increasing use of analytics in
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organizational decision making? - ANSWER--Relatively lower cost of
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computer storage
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Higher computer processing power
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In what way does probability theory inform decision-making for
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managers? - ANSWER--By quantifying risk
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Which type of data are the Olympic medals of gold, silver, and bronze
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examples of? - ANSWER--Ordinal data
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What are some of the aspects of data quality management? - ANSWER-
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Which two attributes indicate potential data quality issues when
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evaluating a set of nominal data? - ANSWER--Missing data
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WGU C207 Data Driven Decision Making
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OBJECTIVE ASSESSMENT Latest Questions and
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Answers (Verified Answers)
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When conducting a study that measures an individual's weight, all
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scales are calibrated prior to use in measurement. Which type of error
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should this procedure significantly reduce? - ANSWER--Systematic error
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An advertising manager creates a research study by presenting low,
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the different sales in this study? - ANSWER--The response variable
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A healthcare study follows a particular sample over time to identify
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Systematic Error
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WGU C207 Data Driven Decision Making
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OBJECTIVE ASSESSMENT Latest Questions and
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Answers (Verified Answers)
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Analytics is a broad term that refers to a variety of tools that inform
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managerial decisions. - ANSWER--Prescriptive
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What are two reasons for the increasing use of analytics in
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organizational decision making? - ANSWER--Relatively lower cost of
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computer storage
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Higher computer processing power
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In what way does probability theory inform decision-making for
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managers? - ANSWER--By quantifying risk
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Which type of data are the Olympic medals of gold, silver, and bronze
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examples of? - ANSWER--Ordinal data
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What are some of the aspects of data quality management? - ANSWER-
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-It cleans data
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It reduces the amount of incomplete data.
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Which two attributes indicate potential data quality issues when
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evaluating a set of nominal data? - ANSWER--Missing data
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Misspelled data
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WGU C207 Data Driven Decision Making
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OBJECTIVE ASSESSMENT Latest Questions and
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Answers (Verified Answers)
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When conducting a study that measures an individual's weight, all
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scales are calibrated prior to use in measurement. Which type of error
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should this procedure significantly reduce? - ANSWER--Systematic error
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An advertising manager creates a research study by presenting low,
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medium, or high frequency of the same ad in matched markets. The
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manager reports on sales in each market location. What is the term for
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the different sales in this study? - ANSWER--The response variable
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A healthcare study follows a particular sample over time to identify
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how the health habits of teenagers impart their likelihood of acquiring
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various diseases later in their life in the hope that the healthcare
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organization will be able to create early prevention programs. Which
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type of research design does this study describe? - ANSWER--Cohort
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Study
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Several missing values in a particular field in a dataset were observed.
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The likelihood of a records having a missing value is correlated to
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another variable in the dataset. Which two types of error might be
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introduced into the dataset if the removed record included missing
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values? - ANSWER--Omission Error
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Systematic Error
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