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WGU Data Driven Decision Making - C207 LATEST 2025 QUESTIONS AND CORRET VERIFIED ANSWERS

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WGU Data Driven Decision Making - C207 LATEST 2025 QUESTIONS AND CORRET VERIFIED ANSWERS

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Voorbeeld van de inhoud

WGU Data Driven Decision Making - C207 LATEST 2025 QUESTIONS AND CORRET
VERIFIED ANSWERS





Analytics - (answer)A term describing the extensive use of data, statistical and quantitative analysis,
explanatory and predictive models, and fact-based management to drive decisions and actions.



Graphical Analysis Includes: - (answer)Histogram, Run Chart, Scatter Diagram, and Pareto Chart



Descriptive/diagnostic analytics includes: - (answer)Graphical analysis and discovery of patterns



What are Data Analytics? - (answer)Data, statistical and quantitative analysis, fact-based decisions



Discovery of Patterns Includes: - (answer)Sums, Averages and Percentages



Predictive analytic models include - (answer)Time Series Analysis (trends)

Regression

Statistical Quality Control

Simulation



Descriptive/Diagnostic Analytics - (answer)Encompasses the set of techniques that describes what has
happened in the past



Predictive Analytics - (answer)Consists of techniques that use models constructed from past data to
predict the future or ascertain the impact of one variable on another



Analytics encompasses: - (answer)Typically implies the analysis a very large data sets. Statistics or the
study of data analysis. Management science or the study of model building, optimization, and decision
making



Optimization models - (answer)determine optimal resource allocation to maximize or minimize specified
variables

, WGU Data Driven Decision Making - C207 LATEST 2025 QUESTIONS AND CORRET
VERIFIED ANSWERS





What analytics decision is it when a builder elects to build fewer homes and more apartments based on
the risk of rising interest rates? - (answer)Prescriptive



What Type of analytics is it when you were looking at the mean math score of high school students? -
(answer)Descriptive



What type of analytics is completed when you look at new car sales that are projected to decrease by
3% in the new year? - (answer)Predictive



What does big data refer to? - (answer)Big data refers to both structured and unstructured data in large
volumes



What is analytics used for? - (answer)Analytics is used to discover and communicate meaning for
patterns and big data



What does analysis of big data require? - (answer)It requires a system of organization



What is the Davenport Kim three stage model - (answer)It is a model of quantitative decision making
that maps out a three stage approach to quantitative analysis



The davenport Kim three stage model includes - (answer)Framing the problem, solving the problem, and
communicating results



Framing the problem includes: - (answer)Problem recognition and review of previous findings



Solving the problem includes: - (answer)Choose the model, collect the data, analyze the data



Communicating results include: - (answer)Communicate results and act on results

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