WGU C 207 Data Driven Decision Making |146 Questions and Answers(A+ Solution guide)

Activities (RBM stage) - second step involves the process that converts inputs to outputs (actions necessary to produces results - training, evaluating, developing) Alternative hypothesis - The argument that either a sample is not equal to, greater than, or less than the hypothesized null sample Analysis of Variance (ANOVA) - 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 - The discovery, analysis, and communication of meaningful patterns in data. Autocorrelation - A relationship between two variables that is inherently non-linear Balanced Scorecard - 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 - A graph that measures the distribution of data over discrete groups or categories. Benchmarks - Standards or points of reference for an industry or sector that can be used for comparison and evaluation. 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 traditional data processing applications Blind Study - A study performed where the participants are not told if they are in the treatment group or control groupbody mass index (BMI) -A measure, based on a person's weight and height, that is used to classify people as underweight or overweight. Business process - A sequence of logically related and time based work activities to provide a specific output for a customer.