WGU C207 Data Driven Decision Making OBJECTIVE ASSESSMENT Latest Questions and Answers (Verified Answers)

WGU C207 DATA-DRIVEN DECISION MAKING
OBJECTIVE ASSESSMENT 2023 - 2024


1. Analytics is a broad term that refers to a variety of tools that inform man-
agerial decisions.

Which term can be used to describe managerial decisions?
a. Prescriptive
b. Predictive
c. Pareto chart
d. Biased ANS a


2. What are two reasons for the increasing use of analytics in organizational
decision making?
a. Relatively lower cost of computer storage
b. Lower availability of statistical experts
c. Higher cost of obtaining data
d. Higher computer processing power ANS a, d


3. In what way does probability theory inform decision-making for managers?
a. By quantifying risk
b. By quantifying data
c. By quantifying quality


,d. By quantifying costs ANS a




4. Which type of data are the Olympic medals of gold, silver, and bronze
examples of?
a. Nominal data
b. Ordinal data
c. Interval data
d. Ratio data ANS b


5. What are two aspects of data quality management?
a. It calculates spurious data.
b. It reduces the amount of incomplete data.
c. It monitors data input rates.
d. It cleans data. ANS b, d


6. Which two attributes indicate potential data quality issues when evaluating
a set of nominal data?
a. Outlier data
b. Missing data
c. Out-of-range data
d. Misspelled data ANS b, d


7. 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?