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

WGU VPC2Data-Driven Decision MakingC207 Sample Questions:

1. 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?

A) Median
B) Mode
C) Variance
D) Z score

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

A) Information from an employee handbook
B) Suggestions from a close competitor
C) Data gathered from a customer survey
D) Rules and regulations imposed on the banking industry

3. Why are experiments conducted using random sample populations?

A) Because studying an entire population is difficult and impractical.
B) Because the software to analyze entire populations is expensive.
C) Because random sample populations ensure bias elimination.
D) Because entire population data have too many outliers.

4. 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?

A) Response bias
B) Selection bias
C) Confusion of association and causality
D) Faulty operationalization

5. A hospital hires a third-party company to train its surgery team on the latest techniques and assess the team's current procedures in the operating room.
Which results-based management (RBM) stage is represented in this scenario?

A) Outcome
B) Input
C) Activities
D) Output

Solutions: