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WGU Data-Driven-Decision-Making Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Data Fundamentals and Business Analytics | - Descriptive statistics (mean, median, variance, standard deviation) - Data types and data collection methods |
| Probability and Statistical Inference | - Probability concepts and distributions - Sampling methods and sampling error |
| Hypothesis Testing | - t-tests, chi-square tests, and significance testing - Null and alternative hypotheses |
| Regression and Correlation Analysis | - Interpreting correlation and causation - Linear regression modeling |
| Decision Making Models | - Decision trees and expected value analysis - Risk and uncertainty in decision-making |
WGU VPC2Data-Driven Decision MakingC207 Sample Questions:
What happens when an organization focuses on customers?
- A. It leads to an increase in revenue and market share.
- B. It reduces bias and fosters trust in decisions and plans.
- C. It ensures consistency and efficiency among organization-wide activities.
- D. It decreases costs for the organization and its suppliers.
Correct Answer: A 🗳️
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Which two characteristics must a researcher consider concerning data quality when ensuring that an analysis is based on a clean data set?
Choose 2 answers.
- A. The data must be relevant.
- B. The data elements must be unique.
- C. The age of the data does not matter if the data are complete.
- D. The data cannot contain outliers.
Correct Answer: A,B 🗳️
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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?
- A. Online Family Practice A telemedicine visits and in-person Family Practice A visits
- B. Total Family Practice A visits and in-person visits
- C. Total Family Practice A visits and online telemedicine visits
- D. Online ratings of other family practices and online ratings for all Family Practice A visits
Correct Answer: A 🗳️
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What is an omission error?
- A. When not all the data has been reviewed
- B. When data contains outliers
- C. When crucial data is missing
- D. When data is inaccurate
Correct Answer: C 🗳️
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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. Results-based management
- B. Balanced scorecard
- C. Key performance indicator
- D. Net promoter score
Correct Answer: C 🗳️
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