WGU Data Driven Decision Making - C207 questions with correct answers

Activities (RBM stage) CORRECT ANSWER second step involves the process that converts inputs to outputs (actions necessary to produces results - training, evaluating, developing) Alternative hypothesis CORRECT ANSWER The argument that either a sample is not equal to, greater than, or less than the hypothesized null sample Analysis of Variance (ANOVA) CORRECT ANSWER 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 CORRECT ANSWER The discovery, analysis, and communication of meaningful patterns in data. Autocorrelation CORRECT ANSWER A relationship between two variables that is inherently non-linear Balanced Scorecard CORRECT ANSWER 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 CORRECT ANSWER A graph that measures the distribution of data over discrete groups or categories. Benchmarks CORRECT ANSWER Standards or points of reference for an industry or sector that can be used for comparison and evaluation.