(WGU C207) MGMT 6010 Data Driven Decision Making - Readiness Assessment Guide Q & S

C207 MGMT 6010



Data Driven Decision Making




READINESS ASSESSMENT GUIDE
Q&S




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,1. Multiple Choice: Which statistical method is most appropriate
for predicting patient outcomes based on historical data?
a) Descriptive statistics
b) Inferential statistics
c) Predictive analytics
d) Prescriptive analytics
Correct Answer: c) Predictive analytics
Rationale: Predictive analytics uses historical data to make
predictions about future events, which is essential for anticipating
patient outcomes.


2. True/False: Data governance is irrelevant to data-driven
decision-making in healthcare management.
Correct Answer: False
Rationale: Data governance ensures the quality and security of
data, which is crucial for making informed decisions in healthcare
management.


3. Fill-in-the-Blank: __________ is a data visualization tool that
helps in identifying patterns and trends in healthcare data.
Correct Answer: A dashboard
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, Rationale: Dashboards provide a visual representation of data,
making it easier to identify trends and patterns at a glance.


4. Multiple Response: Select all the key components that are
essential for a robust data-driven decision-making process in
healthcare management.
a) Data collection
b) Data storage
c) Data analysis
d) Data interpretation
e) Data security
Correct Answers: a) Data collection, b) Data storage, c) Data
analysis, d) Data interpretation, e) Data security
Rationale: All these components are integral to the process, as
they ensure that data is collected, stored, analyzed, interpreted, and
secured effectively.


5. Multiple Choice: In the context of healthcare management, what
does the term 'big data' refer to?
a) Large volumes of complex data
b) Data from big hospitals only
c) Financial data
d) Patient demographic data
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