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WGU C207 (Data-Driven Decision Making) EXAM COMPLETE QUESTIONS WITH DETAILED VERIFIED ANSWERS /ALREADY GRADED A+

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WGU C207 (Data-Driven Decision Making) EXAM COMPLETE QUESTIONS WITH DETAILED VERIFIED ANSWERS /ALREADY GRADED A+

Institution
C207
Course
C207

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WGU C207 (Data-Driven Decision Making) EXAM
COMPLETE QUESTIONS WITH DETAILED VERIFIED
ANSWERS /ALREADY GRADED A+
When do we do the analytics in the decision-making process? Before, after, during, or in-
between?

Before

When do we measure in the decision-making process? Before, after, during, or in-between?

After

Why do we use data to make decision?

To make a fact based decision and accurate predications.

Data Management seeks to provide data that is what?

Relevant, Complete, Accurate, Available, Timely

The three types of analytics

Descriptive, Predictive, Prescriptive

Descriptive Analytics

Discussing current and past information. No predictions about the future

Predictive Analytics

Using the past to predict the future

Prescriptive Analytics

Using the past to predict the future AND optimize the situation.

Sorting out your spreadsheet can help find what?

Out of range and Omission

,What is a random error?

If the error will fix itself, is unknown and unpredictable, and can be minimized by a larger
sample size

What is a systematic error?

If the error will NOT fix itself. You must fix it. Is a constant measurement error, and can be
caused by measurement instruments or experimental design

Skewness

A measure of the degree to which a probability distribution "leans" toward one side of the
average, where the median and mean are not the same

Relational Database

A database structured to recognize relations among stored items of information

Outlier

Observation points that are distant from others

Reliable Data

Consistent and repeatable

Valid Data

Measures what is intended to be measured

Measurement Bias

A prejudice in the data that results in inaccurate measure. This can result from faulty
measurement tools, misclassification of the sample, or failing to correctly measure the right
variable.

Selection Bias

, A bias introduced within the sample of the study. Sample Size must be - Representative,
Random, Large Enough (at least 30 samples)

Information (Response) Bias

Respondent says what they believe the questioner wants to hear or Surveyor is actively seeking
a certain response

Big Data

Both Structured and Unstructured data in such large volumes that it's difficult to process using
traditional database and software techniques

Data Mining

The process of searching through customer data in order to detect patterns to guide marketing
decision making, but will overlook underlying causes

Theme Analysis

Used on unstructured data to identify common words amongst responses

Continuous Data

A data point that can lay along any point in a range of data. An example might be age. It is
possible to be 22.67 years old

Discrete Data

Can only take on whole values and has clear boundaries. It is not possible to own 3.4 cars; you
either own three cars or four

Nominal

No Number, No sequence (Think - colors of cars). Discrete Data. Sometimes called "Categorical
Data". Think "NO Order".

Ordinal

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Institution
C207
Course
C207

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Uploaded on
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Written in
2024/2025
Type
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