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WGU Data-Driven-Decision-Making Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Probability and Statistical Inference | - Probability concepts and distributions - Sampling methods and sampling error |
| Topic 2: Decision Making Models | - Decision trees and expected value analysis - Risk and uncertainty in decision-making |
| Topic 3: Regression and Correlation Analysis | - Interpreting correlation and causation - Linear regression modeling |
| Topic 4: Data Fundamentals and Business Analytics | - Data types and data collection methods - Descriptive statistics (mean, median, variance, standard deviation) |
| Topic 5: Hypothesis Testing | - Null and alternative hypotheses - t-tests, chi-square tests, and significance testing |
WGU VPC2Data-Driven Decision MakingC207 Sample Questions:
1. Which type of analytics classification uses experimental design and optimization to suggest a course of action?
A) Predictive analytics
B) Descriptive analytics
C) Diagnostic analytics
D) Prescriptive analytics
2. Which exam type compares one student's performance on a test to other students' performance?
A) An ad hoc test
B) A norm-referenced test
C) An essay test
D) A criterion-referenced test
3. Which process is designed to proactively prevent a problem?
A) Quality control
B) Common cause variation activity
C) Plan-do-check-act activity
D) Quality assurance
4. A professional services firm is undergoing a business process improvement exercise to improve productivity, staff morale, and client satisfaction. Management compensation will be tied specifically to improvement in productivity during the fiscal year. Which tool should be used to quantify a measurable standard to help the company track the productivity goal for the fiscal year?
A) Net promoter score
B) Key performance indicator
C) Results-based management
D) Balanced scorecard
5. What is the 80/20 rule associated with a Pareto chart?
A) Eighty percent of quality management problems result from 20% of causes.
B) Eighty percent of quality management problems can be explained by the other 20% of the problems.
C) Twenty percent of quality management problems result from 80% of causes.
D) Twenty percent of quality management problems can be explained by the other 80% of the problems.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: B | Question # 5 Answer: A |
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