WGU C207 OA
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, Prescriptive 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
Relatively lower cost of computer What are two reasons for the increasing use of
storage analytics in organizational decision making?
Higher computer processing power
Choose 2 answers
By quantifying risk In what way does probability theory inform
decision-making for managers?
Ordinal data Which type of data are the Olympic medals of
gold, silver, and bronze examples of?
It reduces the amount of incomplete What are some of the aspects of data quality
data. management?
It cleans data.
Choose 2 answers
Missing data Which two attributes indicate potential data quality
Misspelled data issues when evaluating a set of nominal data?
Choose 2 answers
Systematic error 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?
The response variable 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?