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WGU Data Driven Decision Making - C207
Questions with Detailed Verified Answers
Activities (RBM stage)
⼀Answer:⼀ second step involves the process that converts inputs to
outputs (actions necessary to produces results - training, evaluating,
developing)
Alternative hypothesis
⼀Answer:⼀ The argument that either a sample is not equal to,
greater than, or less than the hypothesized null sample
Analysis of Variance (ANOVA)
⼀Answer:⼀ a technique used to determine if there is a sufficient
evidence from sample data of three or more populations to conclude
that the means of the population are not all equal
Analytics
⼀Answer:⼀ The discovery, analysis, and communication of
meaningful patterns in data.
Autocorrelation
⼀Answer:⼀ A relationship between two variables that is inherently
non-linear
Balanced Scorecard
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⼀Answer:⼀ An approach using multiple measures to evaluate
performance, including financial measures, and the non-financial
measures of customers, internal business processes, and learning and
growth.
Bar chart
⼀Answer:⼀ A graph that measures the distribution of data over
discrete groups or categories.
Benchmarks
⼀Answer:⼀ Standards or points of reference for an industry or
sector that can be used for comparison and evaluation.
Big Data
⼀Answer:⼀ very large amounts of data; an all-encompassing term
for any collection of data sets so large and complex that it becomes
difficult to process them using traditional data processing applications
Blind Study
⼀Answer:⼀ A study performed where the participants are not told if
they are in the treatment group or control group
body mass index (BMI)
⼀Answer:⼀ A measure, based on a person's weight and height, that
is used to classify people as underweight or overweight.
Business process
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⼀Answer:⼀ A sequence of logically related and time based work
activities to provide a specific output for a customer.
Central Limit Theorem
⼀Answer:⼀ A theorem that states that, the greater the sample, the
closer the mean of the sample is to the entire population and the more
the results will look like a normal distribution
Cluster Analysis
⼀Answer:⼀ The process of arranging terms or values based on
different variables into "natural" groups
Cointegration
⼀Answer:⼀ Occurs when two time series are moving with a common
pattern due to a connection between the two time series
Combination
⼀Answer:⼀ The number of different unordered possibilities for a
certain situation.
Complement
⼀Answer:⼀ The occurrence of an event not happening, the opposite
Confidence interval
⼀Answer:⼀ An interval estimate used to indicate reliability
Continuous Data
WGU Data Driven Decision Making - C207
Questions with Detailed Verified Answers
Activities (RBM stage)
⼀Answer:⼀ second step involves the process that converts inputs to
outputs (actions necessary to produces results - training, evaluating,
developing)
Alternative hypothesis
⼀Answer:⼀ The argument that either a sample is not equal to,
greater than, or less than the hypothesized null sample
Analysis of Variance (ANOVA)
⼀Answer:⼀ a technique used to determine if there is a sufficient
evidence from sample data of three or more populations to conclude
that the means of the population are not all equal
Analytics
⼀Answer:⼀ The discovery, analysis, and communication of
meaningful patterns in data.
Autocorrelation
⼀Answer:⼀ A relationship between two variables that is inherently
non-linear
Balanced Scorecard
, Page | 2
⼀Answer:⼀ An approach using multiple measures to evaluate
performance, including financial measures, and the non-financial
measures of customers, internal business processes, and learning and
growth.
Bar chart
⼀Answer:⼀ A graph that measures the distribution of data over
discrete groups or categories.
Benchmarks
⼀Answer:⼀ Standards or points of reference for an industry or
sector that can be used for comparison and evaluation.
Big Data
⼀Answer:⼀ very large amounts of data; an all-encompassing term
for any collection of data sets so large and complex that it becomes
difficult to process them using traditional data processing applications
Blind Study
⼀Answer:⼀ A study performed where the participants are not told if
they are in the treatment group or control group
body mass index (BMI)
⼀Answer:⼀ A measure, based on a person's weight and height, that
is used to classify people as underweight or overweight.
Business process
, Page | 3
⼀Answer:⼀ A sequence of logically related and time based work
activities to provide a specific output for a customer.
Central Limit Theorem
⼀Answer:⼀ A theorem that states that, the greater the sample, the
closer the mean of the sample is to the entire population and the more
the results will look like a normal distribution
Cluster Analysis
⼀Answer:⼀ The process of arranging terms or values based on
different variables into "natural" groups
Cointegration
⼀Answer:⼀ Occurs when two time series are moving with a common
pattern due to a connection between the two time series
Combination
⼀Answer:⼀ The number of different unordered possibilities for a
certain situation.
Complement
⼀Answer:⼀ The occurrence of an event not happening, the opposite
Confidence interval
⼀Answer:⼀ An interval estimate used to indicate reliability
Continuous Data
