WGU C207 OA DATA DRIVEN
DECISION MAKING 2025 EXAM
QUESTIONS AND CORRECT
ANSWERS/ ACCURATE REAL
EXAM WITH COMPLETE
QUESTIONS WITH DETAILED
VERIFIED ANSWERS AND A
STUDY GUIDE /GUARANTEED
PASS /LATEST UPDATE
Activities (RBM stage) - ANSWER second step involves the
process that converts inputs to outputs (actions necessary to
produces results - training, evaluating, developing)
Alternative hypothesis - ANSWER The argument that either a
sample is not equal to, greater than, or less than the
hypothesized null sample
Analysis of Variance (ANOVA) - ANSWER 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 equal
Analytics - ANSWER The discovery, analysis, and
communication of meaningful patterns in data.
Autocorrelation - ANSWER A relationship between two
variables that is inherently non-linear
, Balanced Scorecard - ANSWER An approach using multiple
measures to evaluate performance, including financial measures,
and the non-financial measures of customers, internal business
processes, and learning and growth.
Bar chart - ANSWER A graph that measures the distribution of
data over discrete groups or categories.
Benchmarks - ANSWER Standards or points of reference for an
industry or sector that can be used for comparison and
evaluation.
Big Data - ANSWER very large amounts of data; an all-
encompassing term for any collection of data sets so large and
complex that it becomes difficult to process them using
traditional data processing applications
Blind Study - ANSWER A study performed where the
participants are not told if they are in the treatment group or
control group
body mass index (BMI) - ANSWER A measure, based on a
person's weight and height, that is used to classify people as
underweight or overweight.
Business process - ANSWER A sequence of logically related
and time based work activities to provide a specific output for a
customer.
Central Limit Theorem - ANSWER A theorem that states that,
the greater the sample, the closer the mean of the sample is to
the entire population and the more the results will look like a
normal distribution
Cluster Analysis - ANSWER The process of arranging terms or
values based on different variables into "natural" groups
, Cointegration - ANSWER Occurs when two time series are
moving with a common pattern due to a connection between the
two time series
Combination - ANSWER The number of different unordered
possibilities for a certain situation.
Complement - ANSWER The occurrence of an event not
happening, the opposite
Confidence interval - ANSWER An interval estimate used to
indicate reliability
Continuous Data - ANSWER Data that can lay along any point
in a range of data
Control chart - ANSWER A graphic display of process data
over time and against established control limits, and that has a
centerline that assists in detecting a trend of plotted values
toward either control limit.
Control limits - ANSWER The area composed of three standard
deviations on either side of the centerline, or mean, of a normal
distribution of data plotted on a control chart that reflects the
expected variation in the data
Criterion-reference test - ANSWER compare an individual to
certain defined standards
Critical Success Factors - ANSWER The important things an
entity must do to be successful, such as quality measures,
customer service, or efficiency.
Cumulative Average-Time Learning Model - ANSWER A
learning curve model in which the cumulative average time per
unit declines by a constant percentage each time the cumulative
quantity of units produced is doubled
, Cumulative distributions - ANSWER The probability that a
random variable will be found at a value less than or equal to a
given number
Customer satisfaction - ANSWER A measure of the extent to
which customers are satisfied with the products and related
services they received from a supplier.
Cycle time - ANSWER The total elapsed time to move a unit of
work from the beginning to the end of a physical process, as
defined by the producer and the customer.
Cyclicality - ANSWER Repetition of up (peaks) or down
movements (troughs) that follow or counteract a business cycle
that can last several years
Data Management - ANSWER The management, including
cleaning and storage, of collected data.
Data Mining - ANSWER the process of discovering patterns in
large data sets; performed on big data to decipher patterns from
these large databases
Data Set - ANSWER A collection of related data records on a
storage device.
Davenport Kim Three Stage Model - ANSWER A decision
making model developed by Thomas Davenport and Jinho Kim
that consists of three stages: framing the problem, solving the
problem, and communicating results
Dependent Variable - ANSWER The variable whose value
depends on one or more variables in the equation; typically the
cost or activity to be predicted
DECISION MAKING 2025 EXAM
QUESTIONS AND CORRECT
ANSWERS/ ACCURATE REAL
EXAM WITH COMPLETE
QUESTIONS WITH DETAILED
VERIFIED ANSWERS AND A
STUDY GUIDE /GUARANTEED
PASS /LATEST UPDATE
Activities (RBM stage) - ANSWER second step involves the
process that converts inputs to outputs (actions necessary to
produces results - training, evaluating, developing)
Alternative hypothesis - ANSWER The argument that either a
sample is not equal to, greater than, or less than the
hypothesized null sample
Analysis of Variance (ANOVA) - ANSWER 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 equal
Analytics - ANSWER The discovery, analysis, and
communication of meaningful patterns in data.
Autocorrelation - ANSWER A relationship between two
variables that is inherently non-linear
, Balanced Scorecard - ANSWER An approach using multiple
measures to evaluate performance, including financial measures,
and the non-financial measures of customers, internal business
processes, and learning and growth.
Bar chart - ANSWER A graph that measures the distribution of
data over discrete groups or categories.
Benchmarks - ANSWER Standards or points of reference for an
industry or sector that can be used for comparison and
evaluation.
Big Data - ANSWER very large amounts of data; an all-
encompassing term for any collection of data sets so large and
complex that it becomes difficult to process them using
traditional data processing applications
Blind Study - ANSWER A study performed where the
participants are not told if they are in the treatment group or
control group
body mass index (BMI) - ANSWER A measure, based on a
person's weight and height, that is used to classify people as
underweight or overweight.
Business process - ANSWER A sequence of logically related
and time based work activities to provide a specific output for a
customer.
Central Limit Theorem - ANSWER A theorem that states that,
the greater the sample, the closer the mean of the sample is to
the entire population and the more the results will look like a
normal distribution
Cluster Analysis - ANSWER The process of arranging terms or
values based on different variables into "natural" groups
, Cointegration - ANSWER Occurs when two time series are
moving with a common pattern due to a connection between the
two time series
Combination - ANSWER The number of different unordered
possibilities for a certain situation.
Complement - ANSWER The occurrence of an event not
happening, the opposite
Confidence interval - ANSWER An interval estimate used to
indicate reliability
Continuous Data - ANSWER Data that can lay along any point
in a range of data
Control chart - ANSWER A graphic display of process data
over time and against established control limits, and that has a
centerline that assists in detecting a trend of plotted values
toward either control limit.
Control limits - ANSWER The area composed of three standard
deviations on either side of the centerline, or mean, of a normal
distribution of data plotted on a control chart that reflects the
expected variation in the data
Criterion-reference test - ANSWER compare an individual to
certain defined standards
Critical Success Factors - ANSWER The important things an
entity must do to be successful, such as quality measures,
customer service, or efficiency.
Cumulative Average-Time Learning Model - ANSWER A
learning curve model in which the cumulative average time per
unit declines by a constant percentage each time the cumulative
quantity of units produced is doubled
, Cumulative distributions - ANSWER The probability that a
random variable will be found at a value less than or equal to a
given number
Customer satisfaction - ANSWER A measure of the extent to
which customers are satisfied with the products and related
services they received from a supplier.
Cycle time - ANSWER The total elapsed time to move a unit of
work from the beginning to the end of a physical process, as
defined by the producer and the customer.
Cyclicality - ANSWER Repetition of up (peaks) or down
movements (troughs) that follow or counteract a business cycle
that can last several years
Data Management - ANSWER The management, including
cleaning and storage, of collected data.
Data Mining - ANSWER the process of discovering patterns in
large data sets; performed on big data to decipher patterns from
these large databases
Data Set - ANSWER A collection of related data records on a
storage device.
Davenport Kim Three Stage Model - ANSWER A decision
making model developed by Thomas Davenport and Jinho Kim
that consists of three stages: framing the problem, solving the
problem, and communicating results
Dependent Variable - ANSWER The variable whose value
depends on one or more variables in the equation; typically the
cost or activity to be predicted
