WGU C207 Data-Driven Decision Making 4b questions with complete solutions

Option ranking CORRECT ANSWERS: An indicator that explains how well an option will satisfy a criterion in a prioritization matrix. Pareto Chart [Tool] CORRECT ANSWERS: A histogram, ordered by frequency of occurrence, that shows how many results were generated by each identified cause. Plan-Do-Check-Act Cycle CORRECT ANSWERS: A four-step method that practitioners use to create plans to solve a problem (Plan), run an experiment to see if the plan will work (Do), check the experiment results (Check), and implement changes to processes or policies (Act). Prioritization matrix CORRECT ANSWERS: A table or chart that helps a team prioritize multiple options, based on how well these options satisfy preselected criteria. Process decision program chart CORRECT ANSWERS: A tree diagram designed specifically to help uncover countermeasures or contingency plans so problems can be solved or avoided. Quality assurance CORRECT ANSWERS: The function responsible for providing assurance that products or services are consistently maintained at a high level of quality. [CMA] Quality control CORRECT ANSWERS: A process, such as statistical sampling, that monitors the quality of operations. [CMA] Quality management CORRECT ANSWERS: A component of a business management paradigm that focuses on product/service quality and the means to achieve it. Regression analysis CORRECT ANSWERS: A statistical analysis tool that quantifies the relationship between a dependent variable and one or more independent varables. Rolled throughput yield CORRECT ANSWERS: A statistical calculation that shows the probability of something passing completely through a process with no rework or defects. Run chart CORRECT ANSWERS: A line chart that shows performance measurements over time; run charts help to uncover trends or aberrations in processes. Sampling CORRECT ANSWERS: the process of selecting research participants or survey respondents from a population. Scatter diagram CORRECT ANSWERS: A graphic that uses dots to show relationships or correlations between variables. SIPOC Diagram CORRECT ANSWERS: A diagram that defines the boundaries of a process and shows how its Suppliers, Inputs, Processes, Outputs, and Customers affect process quality.