WGU C207 Data Driven Decision Making 2024 EXAMINATION PREPERATIONS
Z-Score - correct answer Data points only. Measurement of a scores relationship to the mean. A statistical measure that indicates the number of standard deviations a data point is from its mean. Variance - correct answer How far a set of numbers are spread. Used for Data set. Hint Words = Risk, spread. Multiplication Rule - correct answer A method for finding the probability that both of two events occur. When the probabilities of multiple events are multiplied together to determine the likelihood of all of the events happening. Word Hint: And Addition Rule - correct answer A method for finding the probability that either or both of two events occur. When two events, A and B, are mutually exclusive, the probability that A or B will occur is the sum of the probability of each event. Word Hint: Either/or.
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- February 9, 2024
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- wgu c207
- data governance
- data analysis
- decision making proceses
- ethical considerations
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data driven decision making
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