WGU C207 PA Complete Questions and Answers(RATED A)
WGU C207 PA Complete Questions and Answers(RATED A) Analytics is a broad term that refers to a variety of tools that inform managerial decisions.Which term can be used to describe managerial decisions? - ANSWER Prescriptive What are two reasons for the increasing use of analytics in organizational decision-making? - ANSWER Relatively lower cost of computer storage; Higher computer processing power How does probability theory inform decision-making for managers? - ANSWER By quantifying risk Which type of data are the Olympic medals of gold, silver, and bronze examples of? - ANSWER Ordinal data What are two aspects of data quality management? - ANSWER It reduces the amount of incomplete data.; It cleans data. Which two attributes indicate potential data quality issues when evaluating a set of nominal data? - ANSWER Missing data; misspelled data 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? - ANSWER systematic An advertising manager creates a research study by presenting low, medium, or high frequency of the same ad in matched markets. The manager then reports on sales in each market location.What is the term for the different sales in this study? - ANSWER response variable A healthcare
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