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

WGU VPC2Data-Driven Decision MakingC207 Sample Questions:

Question 1

What is an advantage of a balanced scorecard?

A. It increases the amount of available data to analyze.
B. It requires minimal data.
C. It emphasizes strategy and organizational results.
D. It requires little effort to establish a meaningful dashboard.

Question 2

What are random errors caused by?

A. Unpredictable fluctuations in readings
B. An instrument that needs calibration
C. Biased data
D. Respondents favoring certain outcomes

Question 3

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.

Question 4

The daily sales from a salon are normally distributed with a mean of $1,500 and a standard deviation of $250.
The salon owner notices that sales were $750 on a particular day.
Why should the owner be concerned about sales based on this scenario?

A. Sales of $750 are within two standard deviations of the mean.
B. Sales of $750 are two standard deviations of the mean.
C. Sales of $750 are outside three standard deviations of the mean.
D. Sales of $750 are within three standard deviations of the mean.

Question 5

What is true about outliers?
Choose 2 answers.

A. Outliers detected in a study are useful in determining if something does not belong in the study.
B. All observed outliers should be eliminated from a study prior to analysis.
C. Outliers that are miskeyed can be corrected prior to analysis.
D. All outliers are statistically significant when using a normal distribution.

Solutions: