WGU C207 Data Driven Decision Making Exam Questions and Answers latest 2023

Activities (RBM stage) - ANSWER-second step involves the process that converts inputs to outputs (actions necessary to produces results - training, evaluating, developing) Alternative hypothesis - ANSWER-The argument that either a sample is not equal to, greater than, or less than the hypothesized null sample Analysis of Variance (ANOVA) - ANSWER-a technique used to determine if there is a sufficient evidence from sample data of three or more populations to conclude that the means of the population are not all equal Analytics - ANSWER-The discovery, analysis, and communication of meaningful patterns in data. Autocorrelation - ANSWER-A relationship between two variables that is inherently nonlinear Balanced Scorecard - ANSWER-An approach using multiple measures to evaluate performance, including financial measures, and the non-financial measures of customers, internal business processes, and learning and growth. Bar chart - ANSWER-A graph that measures the distribution of data over discrete groups or categories. Benchmarks - ANSWER-Standards or points of reference for an industry or sector that can be used for comparison and evaluation. Big Data - ANSWER-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 traditional data processing applications Blind Study - ANSWER-A study performed where the participants are not told if they are in the treatment group or control group body mass index (BMI) - ANSWER-A measure, based on a person's weight and height, that is used to classify people as underweight or overweight.