C207 oa Study guides, Class notes & Summaries

WGU C207 OA DATA DRIVEN DECISION MAKING FINAL EXAM 2024/70 EXAM QUESTIONS WITH CORRECT DETAILED ANSWERS WITH RATIONALES/ALREADY GRADED A+ 1. 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? Prescriptive Descriptive Pareto chart Biased Prescriptive analytics: can make use of current and future projected data to make suggestions and help direct your decisions. Optimization: a prescr...

WGU C207 OA Partial test Questions with Answers 2023/2024 Latest Update A+ Graded. C207 OA Partial test Questions with Answers What are the two potential uses of analytics?  To turn information into insight  To develop fact-based strategies Which two tools help users to understand processes?  Control charts  Flow charts A scale is used to measure the thickness of randomly selected steel rods used in construction. It is accidentally programmed to add 1mm to each rod. What is ...

WGU C207 OA Questions and Answers 100% Pass Simple indexing Common analytic measure to improve performance. Compares current data with data during a base period. (Price / Price during "Base Period") x 100 i.e. Big Mac was 1.60 in 1968 which is base period. what is index for 2014 if price was 4.80 then? (4.80 / 1.60) * 100 = 300 (means price is 3x greater than base period) Used to identify price fluctuations of supplies, materials, products, etc. Weighted Index assign a weight to allow for...

WGU C207 OA Partial Tt Ques And Ans With Newly Updated notes. WGU recording resource: Link Redit notes on how to pass tasks: link Studocu Task Examples: link Paper template: MBA in 19 days notes: urse_mega/ Quizlet cards OA 2018: Link C207 module liks ================================================================================== Module 1/2: Analytics: is the discovery, analysis and communication of meaningful patterns in data Big Data: is a massive amount of data that is diff...

Simple indexing CORRECT ANSWER Common analytic measure to improve performance. Compares current data with data during a base period. (Price / Price during "Base Period") x 100 i.e. Big Mac was 1.60 in 1968 which is base period. what is index for 2014 if price was 4.80 then? (4.80 / 1.60) * 100 = 300 (means price is 3x greater than base period) Used to identify price fluctuations of supplies, materials, products, etc. Weighted Index CORRECT ANSWER assign a weight to allow for s...

WGU C207 OA Partial test Questions with Answers What are the two potential uses of analytics?  To turn information into insight  To develop fact-based strategies Which two tools help users to understand processes?  Control charts  Flow charts A scale is used to measure the thickness of randomly selected steel rods used in construction. It is accidentally programmed to add 1mm to each rod. What is the resulting mistake representative of?  Systematic error Which type of r...

WGU C207 OA 2023. By quantifying risk - Answer In what way does probability theory inform decision-making for managers? Ordinal data - Answer Which type of data are the Olympic medals of gold, silver, and bronze examples of? It reduces the amount of incomplete data. It cleans data. - Answer What are some of the aspects of data quality management? Choose 2 answers Missing data Misspelled data - Answer Which two attributes indicate potential data quality issues when evaluating a set of no...

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WGU C207 OA Partial test Questions with Answers