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WGU Data Driven Decision Making Pre Assessment

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WGU Data Driven Decision Making Pre Assessment

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WGU Data Driven Decision Making Pre Assessment
Study online at https://quizlet.com/_66kxkx

1. Analytics is a broad term that refers to a variety of tools Prescriptive
that inform managerial decisions. Which term can be
used to describe managerial decisions?

2. What are two reasons for increasing the use of analyt- 1. Relatively lower cost of
ics in organizational decision making? computer storage
2. Higher computer pro-
cessing power

3. How does probability theory inform decision making By quantifying risk
for managers?

4. Which type of data are the Olympic medals of gold, Ordinal (categorial)
silver, and bronze example of?

5. What are two aspects of data quality management? 1. It reduces the amount of
incomplete data
2. It cleans data

6. Which two attributes indicate potential data quality 1. Missing Data
issues when evaluating a set of nominal data? 2. Misspelled data

7. When conducting a study that measures an individ- Systematic error
ual's weight, all scales are calibrated prior to use in
measurement.
Which type of error should this procedure significantly
reduce?

8. An advertising manager creates a research study by Response variable
presenting low, medium or high frequency of the same
ad in matched markets. The manager then reports on
sales in each market location.




, WGU Data Driven Decision Making Pre Assessment
Study online at https://quizlet.com/_66kxkx


What is the term for the different sales in this study?

9. Healthcare study follows a particular sample over time Cohort study
to identify how the health habits of teenagers impact
their likelihood of acquiring various diseases later in
their life. The healthcare org hopes the data will allow
them to create early prevention programs.

Which type of research design does this study de-
scribe?

10. Several missing values in a particular field in a dataset Systematic error
were observed. The likelihood of a record having a Omission error
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?

11. A company is trying to increase online sales revenue Number of purchases per
by improving its email advertising campaign for repeat email
customers as well as new customers. Spending per purchase
Which two variables would be used in determining a
campaign to maximize revenue gain?

12. A company that raises turkeys hopes to increase the Linear programming
rate of growth while controlling the cost of feeding
them. It has determined that feeds containing both
nutrients and proteins can be used.
Which decision-making technique is most appropriate
to minimize the cost of feeding the birds?

13. Comparing outcomes of different drug testing results ANOVA

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