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C207 Data Driven Decision Making | 185 Questions & Answers | Hypothesis Testing, Regression, KPIs, RBM | Western Governors University

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This expertly crafted resource features 185 exam-relevant questions and answers for the course C207 – Data Driven Decision Making, covering all essential topics required for success in assessments and assignments. It includes comprehensive coverage of statistical foundations and business analytics tools: hypothesis testing (null/alternative hypotheses, p-values, t-tests, chi-square), ANOVA, regression techniques (simple, multiple, logistic), measures of central tendency and dispersion (mean, median, standard deviation, variance), and data classifications (nominal, ordinal, interval, ratio). Additionally, it focuses on applied decision-making frameworks like KPIs, Balanced Scorecards, Results-Based Management (RBM), Lean Management, and Six Sigma. Presented in a clear Q&A format, this guide promotes fast learning and long-term retention, perfectly suited for objective assessments (OAs) and performance assessments (PAs). All content is aligned with the learning outcomes of the C207 course. This document is especially beneficial for: Undergraduate and graduate students in Business, Health Professions, Information Technology, and Data Analytics Learners in MBA programs, B.S. Business Administration, Healthcare Management, or related fields Students preparing for data-driven decision-making roles or data literacy certifications It serves as a complete and practical study aid for mastering both conceptual knowledge and applied analysis skills in decision making. Keywords: data driven decision making, C207, hypothesis testing, regression, ANOVA, p-value, confidence interval, KPIs, balanced scorecard, Six Sigma, lean management, RBM, standard deviation, statistical validity, control chart, predictive analytics, descriptive analytics, data types, WGU

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Subido en
30 de enero de 2026
Número de páginas
43
Escrito en
2025/2026
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WGU C207 Data Driven Decision
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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. A statistical method that helps identify the sources of variability by

comparing

their means or averages; it compares the variation within a sample to the

variation between samples to see if any differences are the result of some

contributing factor or if the differences occur by chance alone.


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



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, 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. A modified

run chart that also provides upper and/or lower limits that a process should

not exceed.


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. See also specification limits.
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