WGU C207 Pre Assessment Study Guide New Questions 2024 with 100% Correct Answers | Already Graded A+

WGU C207 Pre Assessment Study Guide New Questions 2024 with 100% Correct Answers | Already Graded A+ Which term can be used to describe managerial decisions? Prescriptive 2 reasons for the increase in use of analytics in organizational decision making? 1. Relatively low cost of computer storage 2. Higher computer processing power How does probability theory inform decision-making for managers? By quantifying risk Which type of data are the Olympic medals of gold, silver, and bronze examples of? Ordinal data What are two aspects of data quality management? 1. it reduces the amount of incomplete data 2. it cleans data 2 attributes of data quality issues when evaluating sets of nominal data? 1. missing data 2. misspelled data All scales are calibrated prior to use in measurement. Which type of error should this reduce? Systemic error An advertising manager creates a research study by presenting low, medium, or high frequency of the same ad in matched markets. The manager then reports on sales in each market location. What is the term for the different sales in this study? Response variable A healthcare study follows a sample over time to identify how health habits of teenagers impact their likelihood of acquiring disease later in life. Which type of research design does this study describe? Cohort study (a cohort study studies a group of people with a defining characteristic, typically with a common event in a period, such as birth or graduation