C207 objective assessment Guides d'étude, Notes de cours & Résumés

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WGU C207 Pre- Assessment Data-Driven Decision-Making Exam (Latest 2023/ 2024 Update) Questions and Verified Answers- 100% Correct Q: A hardware store has found that there is a 0.25 probability that a customer buys an electrical product, a 0.45 probability that a customer buys a plumbing product, and a 0.10 probability that a customer buys an electrical product if they purchase a plumbing product Which statistical rule can be used to determine the probability that a customer buys a plumbin...

WGU C207 DATA-DRIVEN DECISION MAKING OBJECTIVE ASSESSMENT-with 100% verified solutions

WGU C207 DATA-DRIVEN DECISION MAKING OBJECTIVE ASSESSMENT DETAILED QUESTIONS AND correct ANSWERS/latest update 1. Analytics is a broad term that refers to a variety of tools that inform managerial decisions. Which term can be used to describe managerial decisions? (correct answers)Prescriptive 2. What are two reasons for the increasing use of analytics in organizational decision-making? Choose 2 answers. (correct answers) Relatively lower cost of computer storage Higher compu...

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WGU C207 Data Driven Decision Making OBJECTIVE ASSESSMENT Latest 2023 - 2024 Questions and Answers (Verified Answers)

WGU C207 Data-Driven Decision-Making Exam (NEW 2023/ 2024 Update) Questions and Verified Answers- 100% Correct| A Grade QUESTION Represents the probability that a variable falls with a certain range Answer: Cumulative distribution QUESTION A list of all the different probabilities of each outcome that can occur Answer: Probability Distribution QUESTION Z-score for 99% level of confidence Answer: 2.576 QUESTION Z-score for 95% level of c...