WGU C207 Data Driven Decision Making OBJECTIVE
ASSESSMENT Latest Questions and Answers (Verified
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? - ANSWER-Predictive
What are two reasons for the increasing use of analytics in organizational decision making? -
ANSWER-Relatively lower cost of computer storage
Higher computer processing power
In what way does probability theory inform decision-making for managers? - ANSWER-
quantifying risk
Which type of data are the Olympic medals of gold, silver and bronze examples of? - ANSWER-
Ordinal data
What are some aspects of data quality management?
Choose 2 ANSWERs - ANSWER-it cleans data
it reduces the amount of incomplete data
which two attributes indicate potential data quality issues when evaluating a set of nominal
data? - ANSWER-missing data
misspelled data
, When conducting a study that measures an individuals weight, all scales are calibrated prior to
use in measurement. Which type of error should this procedure significantly reduce? - ANSWER-
Systematic Error
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? - ANSWER-The response variable
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 - ANSWER-cohort study
Several missing values in a particular field in a dataset were observed. The likelihood of a record
having a missing value is correlated to another variable in the dataset.
Which two types of error might be introduced into the dataset if the removed record included
missing values?
Choose 2 ANSWERs. - ANSWER-Omission error
typographical error
A company is trying to increase its online sales revenue by improving its e-mail campaign for
repeat customers as well as new customers.
Which two variables would be used in determining a campaign to maximize revenue gain?
Choose 2 ANSWERs - ANSWER-spending per purchase
number of purchases per email
A company that raises turkeys is hoping to increase the rate of growth of the birds while
controlling the cost of feeding the birds. It has been determined that feeds containing both
nutrients and protein can be used.
ASSESSMENT Latest Questions and Answers (Verified
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? - ANSWER-Predictive
What are two reasons for the increasing use of analytics in organizational decision making? -
ANSWER-Relatively lower cost of computer storage
Higher computer processing power
In what way does probability theory inform decision-making for managers? - ANSWER-
quantifying risk
Which type of data are the Olympic medals of gold, silver and bronze examples of? - ANSWER-
Ordinal data
What are some aspects of data quality management?
Choose 2 ANSWERs - ANSWER-it cleans data
it reduces the amount of incomplete data
which two attributes indicate potential data quality issues when evaluating a set of nominal
data? - ANSWER-missing data
misspelled data
, When conducting a study that measures an individuals weight, all scales are calibrated prior to
use in measurement. Which type of error should this procedure significantly reduce? - ANSWER-
Systematic Error
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? - ANSWER-The response variable
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 - ANSWER-cohort study
Several missing values in a particular field in a dataset were observed. The likelihood of a record
having a missing value is correlated to another variable in the dataset.
Which two types of error might be introduced into the dataset if the removed record included
missing values?
Choose 2 ANSWERs. - ANSWER-Omission error
typographical error
A company is trying to increase its online sales revenue by improving its e-mail campaign for
repeat customers as well as new customers.
Which two variables would be used in determining a campaign to maximize revenue gain?
Choose 2 ANSWERs - ANSWER-spending per purchase
number of purchases per email
A company that raises turkeys is hoping to increase the rate of growth of the birds while
controlling the cost of feeding the birds. It has been determined that feeds containing both
nutrients and protein can be used.
