WGU C207 Pre-Assessment Multi Choice |\ |\ |\ |\ |\
Version Data-Driven Decision Making (PVPC) |\ |\ |\ |\
QUESTIONS WITH ANSWERS
|\ |\ |\
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?
|\ |\ |\ |\ |\ |\ |\ |\
a. Prescriptive
|\
b. Predictive
|\
c. Pareto chart
|\ |\
d. Biased - CORRECT ANSWERS ✔✔a
|\ |\ |\ |\ |\
What are two reasons for the increasing use of analytics in organizational
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
decision making? |\ |\
a. Relatively lower cost of computer storage
|\ |\ |\ |\ |\ |\
b. Lower availability of statistical experts
|\ |\ |\ |\ |\
c. Higher cost of obtaining data
|\ |\ |\ |\ |\
d. Higher computer processing power - CORRECT ANSWERS ✔✔a, d
|\ |\ |\ |\ |\ |\ |\ |\ |\
In what way does probability theory inform decision-making for managers?
|\ |\ |\ |\ |\ |\ |\ |\ |\
a. By quantifying risk
|\ |\ |\
,b. By quantifying data
|\ |\ |\
c. By quantifying quality
|\ |\ |\
d. By quantifying costs - CORRECT ANSWERS ✔✔a
|\ |\ |\ |\ |\ |\ |\
Which type of data are the Olympic medals of gold, silver, and bronze
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
examples of? |\
a. Nominal data
|\ |\
b. Ordinal data
|\ |\
c. Interval data
|\ |\
d. Ratio data - CORRECT ANSWERS ✔✔b
|\ |\ |\ |\ |\ |\
What are two aspects of data quality management?
|\ |\ |\ |\ |\ |\ |\ |\
a. It calculates spurious data.
|\ |\ |\ |\
b. It reduces the amount of incomplete data.
|\ |\ |\ |\ |\ |\ |\
c. It monitors data input rates.
|\ |\ |\ |\ |\
d. It cleans data. - CORRECT ANSWERS ✔✔b, d
|\ |\ |\ |\ |\ |\ |\ |\
Which two attributes indicate potential data quality issues when evaluating a
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
set of nominal data?
|\ |\ |\ |\ |\
a. Outlier data
|\ |\
b. Missing data
|\ |\
c. Out-of-range data
|\ |\
d. Misspelled data - CORRECT ANSWERS ✔✔b, d
|\ |\ |\ |\ |\ |\ |\
, 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? |\ |\
a. Systematic error
|\ |\
b. Omission error
|\ |\
c. Random error
|\ |\
d. Information error - CORRECT ANSWERS ✔✔a
|\ |\ |\ |\ |\ |\
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?
|\ |\ |\
a. The experimental unit
|\ |\ |\
b. The treatment
|\ |\
c. The response variable
|\ |\ |\
d. The intervention - CORRECT ANSWERS ✔✔c
|\ |\ |\ |\ |\ |\
A healthcare study follows a particular sample over time to identify how the
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
health habits of teenagers impact their likelihood of acquiring various
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
diseases later in their life in the hope that the healthcare organization will be
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
able to create early prevention programs. Which type of research design does
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
this study describe?
|\ |\ |\
a. Double blind study
|\ |\ |\
b. Systematic study
|\ |\
c. Cohort study
|\ |\
d. Experimental study - CORRECT ANSWERS ✔✔c
|\ |\ |\ |\ |\ |\
Version Data-Driven Decision Making (PVPC) |\ |\ |\ |\
QUESTIONS WITH ANSWERS
|\ |\ |\
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?
|\ |\ |\ |\ |\ |\ |\ |\
a. Prescriptive
|\
b. Predictive
|\
c. Pareto chart
|\ |\
d. Biased - CORRECT ANSWERS ✔✔a
|\ |\ |\ |\ |\
What are two reasons for the increasing use of analytics in organizational
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
decision making? |\ |\
a. Relatively lower cost of computer storage
|\ |\ |\ |\ |\ |\
b. Lower availability of statistical experts
|\ |\ |\ |\ |\
c. Higher cost of obtaining data
|\ |\ |\ |\ |\
d. Higher computer processing power - CORRECT ANSWERS ✔✔a, d
|\ |\ |\ |\ |\ |\ |\ |\ |\
In what way does probability theory inform decision-making for managers?
|\ |\ |\ |\ |\ |\ |\ |\ |\
a. By quantifying risk
|\ |\ |\
,b. By quantifying data
|\ |\ |\
c. By quantifying quality
|\ |\ |\
d. By quantifying costs - CORRECT ANSWERS ✔✔a
|\ |\ |\ |\ |\ |\ |\
Which type of data are the Olympic medals of gold, silver, and bronze
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
examples of? |\
a. Nominal data
|\ |\
b. Ordinal data
|\ |\
c. Interval data
|\ |\
d. Ratio data - CORRECT ANSWERS ✔✔b
|\ |\ |\ |\ |\ |\
What are two aspects of data quality management?
|\ |\ |\ |\ |\ |\ |\ |\
a. It calculates spurious data.
|\ |\ |\ |\
b. It reduces the amount of incomplete data.
|\ |\ |\ |\ |\ |\ |\
c. It monitors data input rates.
|\ |\ |\ |\ |\
d. It cleans data. - CORRECT ANSWERS ✔✔b, d
|\ |\ |\ |\ |\ |\ |\ |\
Which two attributes indicate potential data quality issues when evaluating a
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
set of nominal data?
|\ |\ |\ |\ |\
a. Outlier data
|\ |\
b. Missing data
|\ |\
c. Out-of-range data
|\ |\
d. Misspelled data - CORRECT ANSWERS ✔✔b, d
|\ |\ |\ |\ |\ |\ |\
, 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? |\ |\
a. Systematic error
|\ |\
b. Omission error
|\ |\
c. Random error
|\ |\
d. Information error - CORRECT ANSWERS ✔✔a
|\ |\ |\ |\ |\ |\
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?
|\ |\ |\
a. The experimental unit
|\ |\ |\
b. The treatment
|\ |\
c. The response variable
|\ |\ |\
d. The intervention - CORRECT ANSWERS ✔✔c
|\ |\ |\ |\ |\ |\
A healthcare study follows a particular sample over time to identify how the
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
health habits of teenagers impact their likelihood of acquiring various
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
diseases later in their life in the hope that the healthcare organization will be
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
able to create early prevention programs. Which type of research design does
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
this study describe?
|\ |\ |\
a. Double blind study
|\ |\ |\
b. Systematic study
|\ |\
c. Cohort study
|\ |\
d. Experimental study - CORRECT ANSWERS ✔✔c
|\ |\ |\ |\ |\ |\