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Exam (elaborations)

WGU C207 - DATA-DRIVEN DECISION-MAKING EXAM WITH GUARANTEED ACCURATE ANSWERS

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There are two types of statistics (Analytics) - ACCURATE ANSWERS 1. Descriptive 2. Inferential Descriptive statistics are used to _________ - ACCURATE ANSWERS Inform; Explain Inferential statistics are used to ______ - ACCURATE ANSWERS Predict/Show trend Name the 4 levels of measurement - ACCURATE ANSWERS 1. NOIR (Nominal) 2. Ordinal 3. Interval Ratio Continuous data with unique zero point (Level of Measurement) - ACCURATE ANSWERS Ratio Orders data at EQUAL distance apart (Level of Measurement) - ACCURATE ANSWERS Interval Place quantitative objects in some kind of order (Level of Measurement) - ACCURATE ANSWERS Ordinal Identify, Group, or Categorize (Level of Measurement) - ACCURATE ANSWERS Nominal Outliers create this type of error - ACCURATE ANSWERS Out-of-Range Unpredictable error/No correlation - ACCURATE ANSWERS Random Error

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Institution
WGU C207 DATA DRIVEN DECISION-MAKING
Course
WGU C207 DATA DRIVEN DECISION-MAKING

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Uploaded on
September 1, 2024
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13
Written in
2024/2025
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WGU C207 - DATA-DRIVEN DECISION-
MAKING EXAM
WGU C207 - DATA-DRIVEN DECISION-MAKING EXAM WITH GUARANTEED
ACCURATE ANSWERS




There are two types of statistics (Analytics) - ACCURATE
ANSWERS✔✔ 1. Descriptive
2. Inferential


Descriptive statistics are used to _________ - ACCURATE
ANSWERS✔✔ Inform; Explain


Inferential statistics are used to ______ - ACCURATE ANSWERS✔✔
Predict/Show trend


Name the 4 levels of measurement - ACCURATE ANSWERS✔✔ 1.
NOIR (Nominal)

, 2. Ordinal
3. Interval
Ratio


Continuous data with unique zero point (Level of Measurement) -
ACCURATE ANSWERS✔✔ Ratio


Orders data at EQUAL distance apart (Level of Measurement) -
ACCURATE ANSWERS✔✔ Interval


Place quantitative objects in some kind of order (Level of Measurement)
- ACCURATE ANSWERS✔✔ Ordinal


Identify, Group, or Categorize (Level of Measurement) - ACCURATE
ANSWERS✔✔ Nominal


Outliers create this type of error - ACCURATE ANSWERS✔✔ Out-of-
Range


Unpredictable error/No correlation - ACCURATE ANSWERS✔✔
Random Error


Error may occur from missing data. (EX: Space not filled in); Distorted
results - ACCURATE ANSWERS✔✔ Omission Error

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