C207 WGU Data Driven Decision Making (100% correct answers)

Descriptive correct answers Past data only; Not predicting or optimizing Predictive correct answers Past to predict the future; Predicting, no optimizing Prescriptive correct answers Past to predict the future and optimizing Omission correct answers Missing information Out of Range correct answers Doesn't match the data or not true Reliable correct answers Constant and repeatable. A measure of the instrument Valid correct answers Measures what is intended to be measured Measurement bias correct answers Includes representative sample, random, large enough sample Information bias correct answers Ignore the purpose of the information collection; not truthful answers Big Data correct answers Both structure and unstructured; to large to process using traditional database and software techniques Data mining correct answers Process of discovering pattern in large data sets Why collect big data? correct answers Used to encourage buying behavior Analytics correct answers the extensive use of data, statistical and quantitative analysis, explanatory and predictive models, and fact-based management to drive decisions and and add value Variable correct answers An expression that can be assigned to data Continuous data correct answers Data that can lay along any point in a range of data (age 22.6 old) Discrete data correct answers Whole values only and clear boundaries Nominal data correct answers Categorical data used to label subjects in a study; discrete (male female) Ordinal data correct answers Allows you to place objects on some in some kind of order according to some quality; discrete (black belts 3rd degree higher than 1st degree)