WGU Data Driven Decision Making - C207
WGU Data Driven Decision Making - C207
Study online at https://quizlet.com/_zv2aw
1. Activities (RBM second step involves the process that converts inputs to outputs (actions neces-
stage) sary to produces results - training, evaluating, developing)
2. Alternative hy- The argument that either a sample is not equal to, greater than, or less than the
pothesis hypothesized null sample
3. Analysis of Vari- a technique used to determine if there is a sufficient evidence from sample data
ance (ANOVA) of three or more populations to conclude that the means of the population are
not all equal
4. Analytics The discovery, analysis, and communication of meaningful patterns in data.
5. Autocorrelation A relationship between two variables that is inherently non-linear
6. Balanced Score- An approach using multiple measures to evaluate performance, including finan-
card cial measures, and the non-financial measures of customers, internal business
processes, and learning and growth.
7. Bar chart A graph that measures the distribution of data over discrete groups or categories.
8. Benchmarks Standards or points of reference for an industry or sector that can be used for
comparison and evaluation.
9. Big Data very large amounts of data; an all-encompassing term for any collection of data
sets so large and complex that it becomes difficult to process them using tradi-
tional data processing applications
10. Blind Study A study performed where the participants are not told if they are in the treatment
group or control group
11. body mass index A measure, based on a person's weight and height, that is used to classify people
(BMI) as underweight or overweight.
12. Business process
, WGU Data Driven Decision Making - C207
WGU Data Driven Decision Making - C207
Study online at https://quizlet.com/_zv2aw
A sequence of logically related and time based work activities to provide a specific
output for a customer.
13. Central Limit A theorem that states that, the greater the sample, the closer the mean of the
Theorem sample is to the entire population and the more the results will look like a normal
distribution
14. Cluster Analysis The process of arranging terms or values based on different variables into "nat-
ural" groups
15. Cointegration Occurs when two time series are moving with a common pattern due to a
connection between the two time series
16. Combination The number of different unordered possibilities for a certain situation.
17. Complement The occurrence of an event not happening, the opposite
18. Confidence inter- An interval estimate used to indicate reliability
val
19. Continuous Data Data that can lay along any point in a range of data
20. Control chart A graphic display of process data over time and against established control limits,
and that has a centerline that assists in detecting a trend of plotted values toward
either control limit.
21. Control limits The area composed of three standard deviations on either side of the centerline,
or mean, of a normal distribution of data plotted on a control chart that reflects
the expected variation in the data
22. Criterion-refer- compare an individual to certain defined standards
ence test
23.
WGU Data Driven Decision Making - C207
Study online at https://quizlet.com/_zv2aw
1. Activities (RBM second step involves the process that converts inputs to outputs (actions neces-
stage) sary to produces results - training, evaluating, developing)
2. Alternative hy- The argument that either a sample is not equal to, greater than, or less than the
pothesis hypothesized null sample
3. Analysis of Vari- a technique used to determine if there is a sufficient evidence from sample data
ance (ANOVA) of three or more populations to conclude that the means of the population are
not all equal
4. Analytics The discovery, analysis, and communication of meaningful patterns in data.
5. Autocorrelation A relationship between two variables that is inherently non-linear
6. Balanced Score- An approach using multiple measures to evaluate performance, including finan-
card cial measures, and the non-financial measures of customers, internal business
processes, and learning and growth.
7. Bar chart A graph that measures the distribution of data over discrete groups or categories.
8. Benchmarks Standards or points of reference for an industry or sector that can be used for
comparison and evaluation.
9. Big Data very large amounts of data; an all-encompassing term for any collection of data
sets so large and complex that it becomes difficult to process them using tradi-
tional data processing applications
10. Blind Study A study performed where the participants are not told if they are in the treatment
group or control group
11. body mass index A measure, based on a person's weight and height, that is used to classify people
(BMI) as underweight or overweight.
12. Business process
, WGU Data Driven Decision Making - C207
WGU Data Driven Decision Making - C207
Study online at https://quizlet.com/_zv2aw
A sequence of logically related and time based work activities to provide a specific
output for a customer.
13. Central Limit A theorem that states that, the greater the sample, the closer the mean of the
Theorem sample is to the entire population and the more the results will look like a normal
distribution
14. Cluster Analysis The process of arranging terms or values based on different variables into "nat-
ural" groups
15. Cointegration Occurs when two time series are moving with a common pattern due to a
connection between the two time series
16. Combination The number of different unordered possibilities for a certain situation.
17. Complement The occurrence of an event not happening, the opposite
18. Confidence inter- An interval estimate used to indicate reliability
val
19. Continuous Data Data that can lay along any point in a range of data
20. Control chart A graphic display of process data over time and against established control limits,
and that has a centerline that assists in detecting a trend of plotted values toward
either control limit.
21. Control limits The area composed of three standard deviations on either side of the centerline,
or mean, of a normal distribution of data plotted on a control chart that reflects
the expected variation in the data
22. Criterion-refer- compare an individual to certain defined standards
ence test
23.
