WGU VPC2Data-Driven Decision MakingC207 - Data-Driven-Decision-Making Exam Practice Test
A financial analyst theorizes that commute times increase as the percentage of land availability for homes in a city decreases. To test this hypothesis, the analyst uses a regression analysis to explore how land availability predicts commute time.
What does land availability represent in this regression?
What does land availability represent in this regression?
Correct Answer: B
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What does big data include?
Correct Answer: A
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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?
Correct Answer: A
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Which type of analysis determines whether there was a significant difference in the average donor solicitation amount between three nonprofit hospital events?
Correct Answer: D
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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?
Correct Answer: C
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A major hospital system wants to improve its level of patient satisfaction. Management has recently asked patients to complete a survey as part of the discharge process. From this survey, a net promoter score is derived and tracked over time. What does a net promoter score reveal?
Correct Answer: B
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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?
Which tool can the organization use to meet this goal?
Correct Answer: B
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Which type of analytics classification uses experimental design and optimization to suggest a course of action?
Correct Answer: D
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Which statement is an accurate reflection of an analytical decision made by a for-profit organization?
Correct Answer: C
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Which exam type compares one student's performance on a test to other students' performance?
Correct Answer: A
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