WGU C207 - Data-Driven Decision Making - Pre-Assessment
Analytics is a broad term that refers to a variety of tools that inform managerial decisions. - correct answer Prescriptive What are two reasons for the increasing use of analytics in organizational decision making? - correct answer Relatively lower cost of computer storage Higher computer processing power In what way does probability theory inform decision-making for managers? - correct answer By quantifying risk Which type of data are the Olympic medals of gold, silver, and bronze examples of? - correct answer Ordinal data
Escuela, estudio y materia
- Institución
- Arizona State University
- Grado
- WGU C207 DATA-DRIVEN DECISION MAKING
Información del documento
- Subido en
- 9 de febrero de 2024
- Número de páginas
- 10
- Escrito en
- 2023/2024
- Tipo
- Examen
- Contiene
- Preguntas y respuestas
Temas
-
ethical considerations
-
data governance
-
decision making
-
data interpretation
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wgu c207 data driven decision making
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