WGU Data Driven Decision Making - C207 EXAM QUESTIONS WITH ANSWERS

WGU Data Driven Decision Making - C207
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EXAM QUESTIONS WITH ANSWERS |\ |\ |\




Activities (RBM stage) - CORRECT ANSWERS ✔✔second step involves the
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process that converts inputs to outputs (actions necessary to produces results
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- training, evaluating, developing)
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Alternative hypothesis - CORRECT ANSWERS ✔✔The argument that either
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a sample is not equal to, greater than, or less than the hypothesized null
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sample



Analysis of Variance (ANOVA) - CORRECT ANSWERS ✔✔a technique used
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to determine if there is a sufficient evidence from sample data of three or
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more populations to conclude that the means of the population are not all
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equal



Analytics - CORRECT ANSWERS ✔✔The discovery, analysis, and
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communication of meaningful patterns in data. |\ |\ |\ |\ |\




Autocorrelation - CORRECT ANSWERS ✔✔A relationship between two|\ |\ |\ |\ |\ |\ |\ |\



variables that is inherently non-linear
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Balanced Scorecard - CORRECT ANSWERS ✔✔An approach using multiple
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measures to evaluate performance, including financial measures, and the
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,non-financial measures of customers, internal business processes, and |\ |\ |\ |\ |\ |\ |\ |\



learning and growth. |\ |\




Bar chart - CORRECT ANSWERS ✔✔A graph that measures the distribution
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of data over discrete groups or categories.
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Benchmarks - CORRECT ANSWERS ✔✔Standards or points of reference for |\ |\ |\ |\ |\ |\ |\ |\ |\



an industry or sector that can be used for comparison and evaluation.
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Big Data - CORRECT ANSWERS ✔✔very large amounts of data; an all-
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encompassing term for any collection of data sets so large and complex that |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\



it becomes difficult to process them using traditional data processing
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applications



Blind Study - CORRECT ANSWERS ✔✔A study performed where the
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participants are not told if they are in the treatment group or control group
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body mass index (BMI) - CORRECT ANSWERS ✔✔A measure, based on a
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person's weight and height, that is used to classify people as underweight or
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overweight.



Business process - CORRECT ANSWERS ✔✔A sequence of logically related
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and time based work activities to provide a specific output for a customer.
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Central Limit Theorem - CORRECT ANSWERS ✔✔A theorem that states
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that, the greater the sample, the closer the mean of the sample is to the
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, entire population and the more the results will look like a normal
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distribution



Cluster Analysis - CORRECT ANSWERS ✔✔The process of arranging terms
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or values based on different variables into "natural" groups
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Cointegration - CORRECT ANSWERS ✔✔Occurs when two time series are
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moving with a common pattern due to a connection between the two time
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series



Combination - CORRECT ANSWERS ✔✔The number of different unordered
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possibilities for a certain situation.
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Complement - CORRECT ANSWERS ✔✔The occurrence of an event not
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happening, the opposite |\ |\




Confidence interval - CORRECT ANSWERS ✔✔An interval estimate used to
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indicate reliability
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Continuous Data - CORRECT ANSWERS ✔✔Data that can lay along any
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point in a range of data
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Control chart - CORRECT ANSWERS ✔✔A graphic display of process data
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over time and against established control limits, and that has a centerline
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that assists in detecting a trend of plotted values toward either control limit.
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