VPC2Data-Driven Decision MakingC207: Data-Driven-Decision-Making Exam


"VPC2Data-Driven Decision MakingC207", also known as Data-Driven-Decision-Making exam, is a WGU Certification. With the complete collection of questions and answers, ExamcollectionPass has assembled to take you through 125 Q&As to your Data-Driven-Decision-Making Exam preparation. In the Data-Driven-Decision-Making exam resources, you will cover every field and category in Courses and Certificates Certification helping to ready you for your successful WGU Certification.

  • Exam Code: Data-Driven-Decision-Making
  • Exam Name: VPC2Data-Driven Decision MakingC207
  • Total Questions: 125

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WGU Data-Driven-Decision-Making Exam Syllabus Topics:

SectionObjectives
Topic 1: Decision-Making Frameworks- Risk Analysis and Assessment
- Rational Decision Models
- Evidence-Based Decision Making
- Cost-Benefit Analysis
Topic 2: Business Intelligence and Analytics- Dashboards and Reporting
- Key Performance Indicators (KPIs)
- Predictive Analytics Basics
- Data Mining Concepts
Topic 3: Data Analysis Fundamentals- Data Visualization Techniques
- Descriptive Statistics
- Data Quality and Cleaning
- Data Types and Measurement Scales
Topic 4: Data-Driven Culture and Communication- Presenting Data Insights
- Stakeholder Communication
- Ethical Considerations in Data Use
- Building Data-Informed Organizations

WGU VPC2Data-Driven Decision MakingC207 Sample Questions:

1. A researcher wants to estimate the average wholesale price of a gallon of gas in the United States. Several gas station owners along the East Coast are asked what price they pay wholesale for a gallon of gas. The researcher then averages these values for the sample mean price of a gallon of gas. Which problem would be discovered if this researcher's work were evaluated?

A) There is faulty calibration in the data collection.
B) The sample data are not representative of the population.
C) There is conscious bias in the data.
D) There is response bias in the data.


2. What are two benefits of good data quality management in improving business decision-making?
Choose 2 answers.

A) It ensures there are no missing data points.
B) It mitigates undetected errors from the data-entry process.
C) It guarantees that a sample will be statistically significant.
D) It begins the statistical process faster.


3. A researcher notes that people who exercise daily tend to sleep better. The researcher then asks subjects to keep a sleep diary and record the number of hours they sleep each night. Some diaries have few entries, but the subjects claim they are well rested. Which type of error is represented in this research?

A) Lack of blinding
B) Response bias
C) Conscious bias
D) Cause-and-effect confusion


4. Research data indicate 95% confidence in a study in which subjects who were shown a product advertisement exhibited brand awareness compared to a control group who did not see the advertisement.
What can be concluded from this study?

A) The advertisement was effective in building brand awareness.
B) The advertisement was effective in increasing sales.
C) Five percent of the subjects did not like the advertisement.
D) Ninety-five percent of the subjects liked the brand.


5. 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?

A) Six Sigma
B) Statistical process control
C) Just-in-time
D) Linear programming


Solutions:

Question # 1
Answer: B
Question # 2
Answer: A,B
Question # 3
Answer: B
Question # 4
Answer: A
Question # 5
Answer: A

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