WGU C207 DATA-DRIVEN DECISION MAKING 2024 Pre-Assessment test
Analytics is a broad term that refers to a variety of tools that inform managerial decisions. Which term can be used to describe managerial decisions? - correct answer Predictive What are two reasons for the increasing use of analytics in organizational decision making? - correct answer Relatively lower cost of computer storage Higher computer processing power In what way does probability theory inform decision-making for managers? - correct answer quantifying risk Which type of data are the Olympic medals of gold, silver and bronze examples of? - correct answer Ordinal data What are some
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wgu c207 data driven decision making
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