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