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WGU Data-Driven-Decision-Making Dumps

VPC2Data-Driven Decision MakingC207 Questions and Answers

Question 1

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 2

A professional services firm is undergoing a business process improvement exercise to improve productivity, staff morale, and client satisfaction while also thinking about the overall long-term financial performance of the company.

Which performance tool would best meet this firm's objectives?

Options:

A.

Net promoter score

B.

Results-based management

C.

Balanced scorecard

D.

KPI dashboard

Question 3

Which two statements describe Ishikawa’s seven basic tools of quality?

Choose 2 answers.

Options:

A.

Processes are represented graphically.

B.

Processes are represented with photos of each input and output.

C.

An average worker can easily understand how to use the tools.

D.

The tools help develop advanced training for employees.

Question 4

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 5

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 6

A patient satisfaction survey was conducted at Family Practice A. The average rating of online telemedicine visits was 4.5 out of 5, while in-person visits received a 3.0 out of 5.

Which samples should be used to compare the ratings?

Options:

A.

Total Family Practice A visits and in-person visits

B.

Total Family Practice A visits and online telemedicine visits

C.

Online ratings of other family practices and online ratings for all Family Practice A visits

D.

Online Family Practice A telemedicine visits and in-person Family Practice A visits

Question 7

Which type of study is also known as a quasi-experimental study?

Options:

A.

Observational study

B.

Blind study

C.

Hypothesis testing

D.

Content validity

Question 8

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 9

Which type of analytics classification uses experimental design and optimization to suggest a course of action?

Options:

A.

Predictive analytics

B.

Descriptive analytics

C.

Prescriptive analytics

D.

Diagnostic analytics

Question 10

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 11

A retail manager collected the following sales-receipt totals from the store’s cashiers:

$25, $22, $48, $42, $32, $28, $24, $54, $34, $41, $48

What is the median of this sales-receipt data?

Options:

A.

$25

B.

$34

C.

$41

D.

$48

Question 12

How should a marketing consulting firm perform a cluster analysis for a new granola bar?

Options:

A.

Determine the reasons for consumer granola bar purchases

B.

Determine the different segments or groups to target

C.

Determine competitor benchmarks and forecasts for comparison

D.

Determine whether there are any granola bar sales trends

Question 13

Which tool should be used to closely monitor inputs and outputs?

Options:

A.

Joint financial statements

B.

Business process diagram

C.

SIPOC diagram

D.

Individual pro forma statements

Question 14

A boutique specializing in gifts reviews its sales data over the last year. It observes a slow decline in revenue in the first quarter, a growth in revenue in the second quarter, a slight decline in revenue in the third quarter, and a rapid increase in revenue in the fourth quarter.

Which data pattern type can the sales data be assessed against?

Options:

A.

Random variation

B.

Irregularity

C.

Seasonality

D.

Cyclicality

Question 15

A financial analyst theorizes that commute times increase as the percentage of land availability for homes in a city decreases. To test this hypothesis, the analyst uses a regression analysis to explore how land availability predicts commute time.

What does land availability represent in this regression?

Options:

A.

It is a control.

B.

It is the dependent variable.

C.

It is the independent variable.

D.

It is the target variable.

Question 16

A healthcare organization implements a campaign to improve patient satisfaction during recent stays. The average patient satisfaction before the campaign is M = 4.20, SD = 3.0. Six months after the new campaign, the average patient satisfaction is M = 1.5, SD = 2.0.

Which action should the hospital management team take?

Options:

A.

Discontinue the campaign because patient satisfaction declined from baseline to six months following the campaign introduction

B.

Continue the campaign because patient satisfaction significantly increased from baseline to six months following the campaign introduction

C.

Change the campaign because it worked initially but is no longer effective

D.

Continue the campaign because there was an increase in patients that came to the hospital during the six months

Question 17

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 18

Which analytic used in healthcare is calculated as a proportion of new cases compared to person-time units?

Options:

A.

Morbidity rate

B.

Incidence rate

C.

Cumulative incidence

D.

Prevalence

Question 19

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

Question 20

A political ballot gives voters the option to vote for one of three candidates. Eight voters cast their ballots.

Which statistical rule should be used to determine the possible voting outcomes?

Options:

A.

Multiplication principle

B.

Conditional probability

C.

Bayes' theorem

D.

Combination

Question 21

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

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Total 70 questions