WGU C207 STUDY GUIDE MODULE 1 & 2 Exam With 100% Correct Answers 2024/2025

WGU C207 STUDY GUIDE MODULE 1 & 2 Exam With 100% Correct Answers 2024/2025 Analytics - answeris the discovery, analysis and communication of meaningful patterns in data information bias - answeris a prejudice in data that results when either the respondent or the interviewer have & agenda that affects responses ordinal data - answerplaces data into categories that are ordered by a predetermined criteria interval data - answeris numerical data that is ordered, is equal distance apart & does not have a natural zero reliable data - answeris consistent & repeatable random error - answerrepresents errors in data caused by unpredictable statistical fluctuations nominal data - answerplaces data into "either or" categories or identifies by name or charachteristics data management - answerincludes cleaning & storage of collected data big data - answeris a massive amount of data that is difficult to process using traditional database & software techniques ratio data - answeris numerical data that has a natural zero allowing this data to be added, subtracted, multiplied & divided measurement bias - answeris a prejudice in data that results when the sample is not representative of the population be tested Why is quantitative analysis & analytics important in decision making? (Choose 3) - answerDecisions are less subjective, analytics can be explanatory , managers can build predictive models Sales for Northern region are expected to decrease 2% in the next fiscal year. - answerPredictive analysis