C207 exam Study guides, Class notes & Summaries

Activities (RBM stage) - second step involves the process that converts inputs to outputs (actions necessary to produces results - training, evaluating, developing) Alternative hypothesis - The argument that either a sample is not equal to, greater than, or less than the hypothesized null sample Analysis of Variance (ANOVA) - a technique used to determine if there is a sufficient evidence from sample data of three or more populations to conclude that the means of the population are not all...

WGU C207 Exam Q&A.For companies to attract and retain their best customers they need a complete portrait of who they are. To develop this portrait companies turn to – ANSWER-Analytics A manufacturer wants to maximize their factory output while specifically minimizing labor costs. What type of analytics might they employ to achieve this goal? – ANSWER Prescriptive Analytics What type of data error that occurs in measurement is constant within a data set and is sometimes caused by fault...

WGU C207 Exam Q&A For companies to attract and retain their best customers they need a complete portrait of who they are. To develop this portrait companies turn to – ANSWER-Analytics A manufacturer wants to maximize their factory output while specifically minimizing labor costs. What type of analytics might they employ to achieve this goal? – ANSWER Prescriptive Analytics What type of data error that occurs in measurement is constant within a data set and is sometimes caused by faul...

WGU Data Driven Decision Making - C207 Exam Questions And Answers Activities (RBM stage) - ANS second step involves the process that converts inputs to outputs (actions necessary to produces results - training, evaluating, developing) Alternative hypothesis - ANS The argument that either a sample is not equal to, greater than, or less than the hypothesized null sample Analysis of Variance (ANOVA) - ANS a technique used to determine if there is a sufficient evidence from sample da...

WGU C207 Exam Questions and Answers 100% Pass Mean -Answer-The mean is the usual average, so add and then divide: (13 + 18 + 13 + 14 + 13 + 16 + 14 + 21 + 13) ÷ 9 = 15. Median -Answer-Re write the list in numerical order. Then it is the middle number. 13, 13, 13, 13, 14, 14, 16, 18, 21. So, the median is 14. Mode -Answer-The mode is the number that is repeated more often than any other. The sample mean can be used as an estimate of the population mode. Range -Answer-The largest value in...

Descriptive and Inferential correct answer: There are two types of statistics (Analytics) Inform / Explanatory correct answer: Descriptive statistics are used to ______ Predict / Trend correct answer: Inferential statistics are used to ______ (NOIR) Nominal, Ordinal, Interval Ratio correct answer: Name the 4 levels of measurement Ratio correct answer: Continuous data with unique zero point Interval correct answer: Orders data at equal distance apart Ordinal correct answer...

WGU C207 Exam Questions And Answers All Verified 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? - ANS Prescriptive What are two reasons for the increasing use of analytics in organizational decision-making? - ANS Relatively lower cost of computer storage; Higher computer processing power How does probability theory inform decision-making for managers? - ANS By quantifying ris...

WGU C207 Exam Questions with Answers 2024/2025 Latest Update What is the key focus on analysis? - answerTo predict trends using quantitative data. What are the four levels of measurement? - answer1. Nominal 2. Ordinal 3. Interval 4. Ratio Nominal data - answeris categorical. It has no numerical value. It's not a number. Examples: -the types of pizza you sell -meatball -veggie -cheese (these are labels, they can't be added or subtracted) Ordinal data - answeris ranked, but doesn'...

WGU C207 EXAM QUESTIONS WITH 100% CORRECT ANSWERS

WGU Data Driven Decision Making - C207 Exam Questions And Answers Activities (RBM stage) - ANS second step involves the process that converts inputs to outputs (actions necessary to produces results - training, evaluating, developing) Alternative hypothesis - ANS The argument that either a sample is not equal to, greater than, or less than the hypothesized null sample Analysis of Variance (ANOVA) - ANS a technique used to determine if there is a sufficient evidence from sample...