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

VPC2 Data-Driven Decision Making C207 Questions and Answers

Question 1

Which term describes a response that appears the greatest number of times compared to other responses in a survey?

Options:

A.

Mode

B.

Median

C.

Outlier

D.

Mean

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Question 2

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 3

A company’s marketing team tells an analyst that fewer customers are opening emails in the recent email campaign. The analyst interviews a few marketing coordinators and discovers changes were made to the email subject line between the earlier successful email campaign and the recent one. The analyst then uses a statistical technique to compare the email open rates for each campaign. Which step does the comparison of the email open rate represent in the plan-do-check-act cycle?

Options:

A.

Act

B.

Plan

C.

Do

D.

Check

Question 4

A manager has been asked to evaluate the risk of loss for a new business strategy. The manager plots the results of several simulated projections to determine the likelihood of a result being a loss. Which statistic will transform different data sets to the same scale so that the manager can compare the projections?

Options:

A.

Median

B.

Z score

C.

Mode

D.

Variance

Question 5

A county government wants to start a cost-effective recycling program. How can the county apply data analytic approaches to attain this goal?

Options:

A.

By analyzing budgetary impacts of county contracts

B.

By aligning fund allocations with the number of department employees

C.

By benchmarking similar strategies of other counties

D.

By conducting best practices research regarding audit performance

Question 6

A researcher seeks to pass a bond issue and asks a sample of respondents who have a bachelor’s degree if they are voting in favor of the bond because it would be beneficial to the county.

Which type of error does this represent?

Options:

A.

Faulty operationalization

B.

Response bias

C.

Confusion of association and causality

D.

Selection bias

Question 7

How is a cause-and-effect diagram used?

Options:

A.

To assign blame for manufacturing problems

B.

To brainstorm possible root causes for an intermittency problem

C.

As a financial risk calculation tool for a new product release

D.

As a software tool to automatically generate a business process diagram

Question 8

A spa wants to determine which duration of its massage packages is the most popular. The spa has 30-minute, 50-minute, and 75-minute sessions. Which statistical measure should be used and is less affected by outliers and skewed data?

Options:

A.

Standard deviation

B.

Median

C.

Mode

D.

Mean

Question 9

Which graphical representation depicts the steps that compose a process?

Options:

A.

Histogram

B.

Control chart

C.

Flowchart

D.

Scatterplot

Question 10

What does big data include?

Options:

A.

Both structured and unstructured data

B.

Information that can be analyzed with spreadsheets

C.

Powerful extraction tools

D.

Inferential statistics for large companies

Question 11

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 12

What is an appropriate management use of statistics?

Options:

A.

Understanding the demographics of customers

B.

Ordering product for a region based on one store

C.

Justifying organizational decisions after they have been implemented

D.

Implementing changes based on customer survey response rate

Question 13

Two project teams are assigned to upgrade an on-premise data warehouse to a cloud-based data lake in 13 months. The infrastructure team has five team members, while the enterprise analytics team has three team members. The enterprise analytics team cannot move into production until the infrastructure team has completed the migration.

What should be used to find the probability that the project will be completed on time?

Options:

A.

Bayes’ theorem

B.

Multiplication principle

C.

Conditional probability

D.

Combination

Question 14

What happens when an organization focuses on customers?

Options:

A.

It ensures consistency and efficiency among organization-wide activities.

B.

It reduces bias and fosters trust in decisions and plans.

C.

It leads to an increase in revenue and market share.

D.

It decreases costs for the organization and its suppliers.

Question 15

What is true about outliers?

Choose 2 answers.

Options:

A.

All outliers are statistically significant when using a normal distribution.

B.

All observed outliers should be eliminated from a study prior to analysis.

C.

Outliers that are miskeyed can be corrected prior to analysis.

D.

Outliers detected in a study are useful in determining if something does not belong in the study.

Question 16

What does prevalence measure when studying disease frequency?

Options:

A.

Only past cases of a disease

B.

Potential future cases of a disease

C.

All existing cases of a disease

D.

Only new cases of a disease

Question 17

How do a run chart and a control chart differ?

Options:

A.

A control chart reveals trends in manufacturing problems over time, whereas a run chart is essentially a snapshot in time.

B.

They are the same, except a run chart includes limits or constraints that a process should not exceed.

C.

They are the same, except a control chart includes limits or constraints that a process should not exceed.

D.

A run chart reveals trends in manufacturing problems over time, whereas a control chart is essentially a snapshot in time.

Question 18

An analyst used multiple linear regression to show how a big box store’s sales (y) are predicted by the big box store’s advertising expenditure in dollars (variable x1) and the advertising expenditure in dollars of a specialty store (variable x2) in the same market. The estimated regression is y = 651.57 + 92.30x1 − 26.89x2. How are advertising expenditures and sales related in this scenario?

Options:

A.

If the specialty store increases its advertising expenditures, it will decrease the big box store’s sales.

B.

If the big box store decreases its advertising expenditures, it will decrease the big box store’s sales.

C.

If the big box store decreases its advertising expenditures, its sales will increase.

D.

If the big box store increases its advertising expenditures, its sales will decrease.

Question 19

Why are sample sizes important for ensuring statistical significance?

Options:

A.

So that accurate conclusions can be confidently applied to larger populations

B.

So that the possibility of researcher bias is eliminated

C.

So that a hypothesis cannot be misinterpreted

D.

So that no additional analysis is required

Question 20

When researchers are studying the effect of new drug treatments on patients, bias can be introduced by patients if they are aware of who receives the placebo.

Which type of research design eliminates this type of bias?

Options:

A.

Observational study

B.

Prospective cohort study

C.

Time series study

D.

Blind study

Question 21

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 22

A clothing company wants to predict sales figures based on the amount spent on advertising.

Which type of regression analysis should this company use?

Options:

A.

Time series regression

B.

Linear regression

C.

Logistic regression

D.

Multiple linear regression

Question 23

Which two types of graphs illustrate and analyze measurements or trends over time?

Choose 2 answers.

Options:

A.

Check sheet

B.

Control chart

C.

Run chart

D.

Pareto chart

Question 24

Which process is designed to proactively prevent a problem?

Options:

A.

Common cause variation activity

B.

Quality control

C.

Quality assurance

D.

Plan-do-check-act activity

Question 25

Which input could be used to create and evaluate a process that would improve an organization’s performance?

Options:

A.

Data gathered from a customer survey

B.

Suggestions from a close competitor

C.

Information from an employee handbook

D.

Rules and regulations imposed on the banking industry

Question 26

What are random errors caused by?

Options:

A.

Respondents favoring certain outcomes

B.

Unpredictable fluctuations in readings

C.

Biased data

D.

An instrument that needs calibration

Question 27

An organization develops a new strategic plan and seeks ways to improve process performance by reducing variation to only 3.4 defects per million process outputs.

Which tool can the organization use to meet this goal?

Options:

A.

Linear programming

B.

Just-in-time

C.

Statistical process control

D.

Six Sigma

Question 28

A laboratory uses a graduated cylinder to measure liquid volume in metric units. Which type of experimental design is this laboratory implementing?

Options:

A.

Qualitative research

B.

Development research

C.

Quantitative research

D.

Precision research

Question 29

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 30

A plant manager wants to compare the production output for three assembly lines. Why is ANOVA the correct analysis technique to use for this scenario?

Options:

A.

ANOVA can determine which assembly line has the most output.

B.

ANOVA can determine whether there is a significant difference in the output among the assembly lines.

C.

ANOVA can determine the reason one assembly line outperforms the others.

D.

ANOVA can determine the rate at which production is completed for each assembly line.

Question 31

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 32

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 33

Amusement Park W is in California. Amusement Park X is in Texas. A survey asks 1,000 people living in California if they prefer Amusement Park W or X.

Which problem exists with this survey?

Options:

A.

Information bias

B.

Random error

C.

Systematic error

D.

Measurement bias

Question 34

A bakery owner would like to know how many cakes to sell for monthly profit to equal zero. Which analysis method should the owner perform?

Options:

A.

ANOVA

B.

Break-even

C.

Crossover

D.

T-test

Question 35

What is a disadvantage of using a balanced scorecard?

Options:

A.

It requires time and effort to develop a meaningful template.

B.

It does not include a mix of financial and nonfinancial performance measures.

C.

It is expensive to implement effectively within an organization’s operations.

D.

It does not link operations with company strategy.

Question 36

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.