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WGU Data-Driven-Decision-Making Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Decision Making Models | - Risk and uncertainty in decision-making - Decision trees and expected value analysis |
| Data Fundamentals and Business Analytics | - Descriptive statistics (mean, median, variance, standard deviation) - Data types and data collection methods |
| Hypothesis Testing | - Null and alternative hypotheses - t-tests, chi-square tests, and significance testing |
| Regression and Correlation Analysis | - Interpreting correlation and causation - Linear regression modeling |
| Probability and Statistical Inference | - Probability concepts and distributions - Sampling methods and sampling error |
WGU VPC2Data-Driven Decision MakingC207 Sample Questions:
1. A company's marketing team tells an analyst that fewer customers are opening emails in the recent email campaign. The analyst interviews a few marketing coordinators and discovers changes were made to the email subject line between the earlier successful email campaign and the recent one. The analyst then uses a statistical technique to compare the email open rates for each campaign. Which step does the comparison of the email open rate represent in the plan-do-check-act cycle?
A) Plan
B) Check
C) Do
D) Act
2. What does prevalence measure when studying disease frequency?
A) Potential future cases of a disease
B) Only past cases of a disease
C) Only new cases of a disease
D) All existing cases of a disease
3. What does big data include?
A) Both structured and unstructured data
B) Information that can be analyzed with spreadsheets
C) Inferential statistics for large companies
D) Powerful extraction tools
4. What must be analyzed using powerful analytic tools?
A) Small, independent data sets
B) Inferential statistics
C) Big data
D) Data analysis results
5. 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.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: A | Question # 4 Answer: C | Question # 5 Answer: B |
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