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WGU C207 Pre-Assessment Multi Choice Version Data-Driven Decision Making (PVPC) QUESTIONS WITH ANSWERS.

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WGU C207 Pre-Assessment Multi Choice Version Data-Driven Decision Making (PVPC) QUESTIONS WITH ANSWERS

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WGU C207 Pre-Assessment Multi Choice |\ |\ |\ |\ |\




Version Data-Driven Decision Making (PVPC) |\ |\ |\ |\




QUESTIONS WITH ANSWERS
|\ |\ |\




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?
|\ |\ |\ |\ |\ |\ |\ |\




a. Prescriptive
|\




b. Predictive
|\




c. Pareto chart
|\ |\




d. Biased - CORRECT ANSWERS ✔✔a
|\ |\ |\ |\ |\




What are two reasons for the increasing use of analytics in organizational
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\



decision making? |\ |\




a. Relatively lower cost of computer storage
|\ |\ |\ |\ |\ |\




b. Lower availability of statistical experts
|\ |\ |\ |\ |\




c. Higher cost of obtaining data
|\ |\ |\ |\ |\




d. Higher computer processing power - CORRECT ANSWERS ✔✔a, d
|\ |\ |\ |\ |\ |\ |\ |\ |\




In what way does probability theory inform decision-making for managers?
|\ |\ |\ |\ |\ |\ |\ |\ |\




a. By quantifying risk
|\ |\ |\

,b. By quantifying data
|\ |\ |\




c. By quantifying quality
|\ |\ |\




d. By quantifying costs - CORRECT ANSWERS ✔✔a
|\ |\ |\ |\ |\ |\ |\




Which type of data are the Olympic medals of gold, silver, and bronze
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\



examples of? |\




a. Nominal data
|\ |\




b. Ordinal data
|\ |\




c. Interval data
|\ |\




d. Ratio data - CORRECT ANSWERS ✔✔b
|\ |\ |\ |\ |\ |\




What are two aspects of data quality management?
|\ |\ |\ |\ |\ |\ |\ |\




a. It calculates spurious data.
|\ |\ |\ |\




b. It reduces the amount of incomplete data.
|\ |\ |\ |\ |\ |\ |\




c. It monitors data input rates.
|\ |\ |\ |\ |\




d. It cleans data. - CORRECT ANSWERS ✔✔b, d
|\ |\ |\ |\ |\ |\ |\ |\




Which two attributes indicate potential data quality issues when evaluating a
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\



set of nominal data?
|\ |\ |\ |\ |\




a. Outlier data
|\ |\




b. Missing data
|\ |\




c. Out-of-range data
|\ |\




d. Misspelled data - CORRECT ANSWERS ✔✔b, d
|\ |\ |\ |\ |\ |\ |\

, When conducting a study that measures an individual's weight, all scales are
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\



calibrated prior to use in measurement. Which type of error should this
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\



procedure significantly reduce? |\ |\




a. Systematic error
|\ |\




b. Omission error
|\ |\




c. Random error
|\ |\




d. Information error - CORRECT ANSWERS ✔✔a
|\ |\ |\ |\ |\ |\




An advertising manager creates a research study by presenting low, medium,
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\



or high frequency of the same ad in matched markets. The manager then
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\



reports on sales in each market location. What is the term for the different
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\



sales in this study?
|\ |\ |\




a. The experimental unit
|\ |\ |\




b. The treatment
|\ |\




c. The response variable
|\ |\ |\




d. The intervention - CORRECT ANSWERS ✔✔c
|\ |\ |\ |\ |\ |\




A healthcare study follows a particular sample over time to identify how the
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\



health habits of teenagers impact their likelihood of acquiring various
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\



diseases later in their life in the hope that the healthcare organization will be
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\



able to create early prevention programs. Which type of research design does
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\



this study describe?
|\ |\ |\




a. Double blind study
|\ |\ |\




b. Systematic study
|\ |\




c. Cohort study
|\ |\




d. Experimental study - CORRECT ANSWERS ✔✔c
|\ |\ |\ |\ |\ |\

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