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Free and Premium WGU Data-Driven-Decision-Making Dumps Questions Answers

VPC2Data-Driven Decision MakingC207 Questions and Answers

Question 1

For which situation could a scatter diagram be used?

Options:

A.

Demonstrating a visual precedence of a prioritization matrix

B.

Demonstrating a relationship between variables

C.

Demonstrating a significant difference between the frequencies of two groups of data

D.

Demonstrating a significant difference between the means of two groups of data

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Question 2

A car dealership sells both new and used cars. The number of new cars sold on a given day ranges from 5 to 30 while the number of used cars sold ranges from 5 to 40. The number of used cars sold is mutually exclusive to the number of new cars sold.

Which statistic would be used to compare the number of new and used car sales on any given day?

Options:

A.

Z-score

B.

Chi-square

C.

R-squared

D.

F-statistic

Question 3

Management uses a net promoter score.

What can management determine using this performance measurement?

Options:

A.

Financial and nonfinancial information

B.

The likelihood a customer will recommend the company

C.

Quality assurance benchmarks

D.

Quantifiable goals to gauge employee progress

Question 4

Which element of an experimental study is described as the procedures applied to each subject?

Options:

A.

Responses

B.

Inputs

C.

Treatments

D.

Experimental units

Question 5

What is an omission error?

Options:

A.

When data contains outliers

B.

When not all the data has been reviewed

C.

When data is inaccurate

D.

When crucial data is missing

Question 6

What is the 80/20 rule associated with a Pareto chart?

Options:

A.

Twenty percent of quality management problems can be explained by the other 80% of the problems.

B.

Twenty percent of quality management problems result from 80% of causes.

C.

Eighty percent of quality management problems can be explained by the other 20% of the problems.

D.

Eighty percent of quality management problems result from 20% of causes.

Question 7

An entrepreneur wants to start a boutique cupcake business based on family recipes shared for three generations. The entrepreneur knows the required costs associated with rent, supplies, utilities, and hourly wages and wants to determine how many cupcakes they need to sell to generate a profit.

Which technique should be used to analyze this data?

Options:

A.

Crossover analysis

B.

Break-even analysis

C.

T-test

D.

Regression

Question 8

According to quality management principles, which two continuous improvement commitments should every individual in an organization make?

Choose 2 answers.

Options:

A.

Increasing one's skills

B.

Increasing one's effectiveness

C.

Increasing one’s independent work process

D.

Increasing expert-level performance objectives

Question 9

What is a basic assumption of a z-score?

Options:

A.

The mean is equal to zero with a standard deviation of 1.

B.

Outlier data points must be eliminated from a z-score calculation.

C.

The mean is equal to zero with a standard deviation of 2.

D.

Outlier data points are critical to a z-score calculation.

Question 10

Which distribution would have a mean and median that are approximately equal after an analysis of each employee’s number of customer service calls over the last month?

Options:

A.

Normal distribution

B.

Multimodal distribution

C.

Bimodal distribution

D.

Pareto distribution

Question 11

Which type of analysis determines whether there was a significant difference in the average donor solicitation amount between three nonprofit hospital events?

Options:

A.

Cluster

B.

Time series

C.

Logistic regression

D.

ANOVA

Question 12

A county government is creating a budget for the next fiscal year. They wish to use analytics to guide their decisions about costs.

Which analytic method can the county apply to this issue?

Options:

A.

Average cost per project spent by other similar counties

B.

Average number of projects completed

C.

Median number of projects completed last year

D.

Median cost for all county projects

Question 13

Why is choosing appropriate performance indicators important for data-driven decision-making?

Options:

A.

They are a key part of an organization’s rules and bylaws.

B.

They convince employees that they are equally as important as their managers.

C.

They align with an organization’s definition of success.

D.

They satisfy governmental regulations.

Question 14

What are two qualities of key performance indicators (KPIs)?

Choose 2 answers.

Options:

A.

They are flexible and easily changed.

B.

They can be used as a tool for internal benchmarking.

C.

They require little to no ongoing maintenance.

D.

They often follow SMART criteria.

Question 15

What is the basic difference between evaluating costs and benefits in the public and private sectors?

Options:

A.

The costs associated with public projects are minimal.

B.

The benefits of public projects are easily quantifiable.

C.

Private projects generate considerable revenue.

D.

The benefit of private projects is general public welfare.

Question 16

A nonprofit organization ran a fundraiser and would like to determine the amount of a typical donation.

Which statistic is less affected by outliers and skewed data and should be used to determine the amount of a typical donation?

Options:

A.

Mean

B.

Z-score

C.

Median

D.

Mode

Question 17

Why would a human resources department use both mean and median when doing a salary evaluation of a department?

Options:

A.

A large difference between mean and median shows that some employees need raises.

B.

A large difference between mean and median shows a miscalculation in the analysis.

C.

A large difference between mean and median shows there are outliers to assess.

D.

A large difference between mean and median shows an abnormal standard deviation.

Question 18

In an experimental study, researchers are testing a new flea preventive medication on dogs using a blind study. Dogs are treated with the new medication or with a placebo.

Who should know which dogs are given the medication or the placebo for this blind study?

Options:

A.

Only the dog owners

B.

The researchers, the dog owners, and the response gatherers

C.

Only the researchers

D.

Neither the researchers nor the dog owners nor the response gatherers

Question 19

What are two benefits of good data quality management in improving business decision-making?

Choose 2 answers.

Options:

A.

It ensures there are no missing data points.

B.

It guarantees that a sample will be statistically significant.

C.

It begins the statistical process faster.

D.

It mitigates undetected errors from the data-entry process.

Question 20

A company runs a regression analysis to determine sales based on advertising expenditures, which can be shown in a linear equation as y = 2x + 25,000. The company plans to spend $20,000 on advertising.

Which sales figure should the company expect to generate based on the given equation?

Options:

A.

$40,000

B.

$50,000

C.

$65,000

D.

$75,000

Question 21

The U.S. Postal Service wants to know if local first-class mail is being delivered within two days of postmark.

Which key performance indicator (KPI) should the Postal Service use?

Options:

A.

Customer satisfaction

B.

Employee morale index

C.

On-time performance

D.

Incentive performance rate