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

WGU VPC2Data-Driven Decision MakingC207 Sample Questions:

Question 1

A financial analyst theorizes that commute times increase as the percentage of land availability for homes in a city decreases. To test this theory, the analyst uses a regression analysis. Which analysis result is supportive of this analyst's theory?

A. The R-squared value is 0.10.
B. The p-value for the regression coefficient is 0.50.
C. The R-squared value is 0.90.
D. The p-value for the regression coefficient is 1.

Question 2

Which use of statistics would apply to employees?

A. Influencing future vendor prices
B. Determining financial interest rates
C. Predicting future levels of financial risk
D. Comparing with competitors on wholesale pricing

Question 3

Which element of an experimental study is described as the procedures applied to each subject?

A. Inputs
B. Responses
C. Treatments
D. Experimental units

Question 4

How do a run chart and a control chart differ?

A. A run chart reveals trends in manufacturing problems over time, whereas a control chart is essentially a snapshot in time.
B. They are the same, except a control chart includes limits or constraints that a process should not exceed.
C. A control chart reveals trends in manufacturing problems over time, whereas a run chart is essentially a snapshot in time.
D. They are the same, except a run chart includes limits or constraints that a process should not exceed.

Question 5

What does big data include?

A. Inferential statistics for large companies
B. Both structured and unstructured data
C. Powerful extraction tools
D. Information that can be analyzed with spreadsheets

Solutions: