WGU C207 Data Driven Decision Making Module

Quantitative analysis is another name for what? statistics If a dataset is presented on a scale of hours per week, which measurement scale is used? ratio The use of data, statistical and quantitative analysis, explanatory and predictive models, and fact-based management to drive decisions and add value is called ________. Analytics Analytics makes use of all these things to drive decision-making and add value. First, second, third, fourth... What kind of data does this represent? Ordinal data Ordinal data places data objects into an ordered list according to some quality. This kind of data is also called categorical data. Nominal data Nominal data is used to put data into categories, which is why it is also known as categorical data. Assume you are measuring the various lengths of used pencils, and you collect the following data points (in inches): 1.37, 2.65, 2.78, 3.46, 3.91. What kind of data are these data points? continuous data In a set of continuous data,