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WGU VPC2Data-Driven Decision MakingC207 Sample Questions:

1. A student is surveying chief executive officers to understand their levels of satisfaction with work-life balance over a period of three years. The student receives responses to a survey with a question regarding how many hours a week each CEO works. Which statistical approach should be used to summarize the data for analysis?

A) Mean
B) Median
C) Bell curve
D) Scatterplot

2. Which performance metric simultaneously accounts for financial, customer, internal process, and learning metrics?

A) Balance sheet
B) Balanced scorecard
C) Income statement
D) Customer complaint report

3. A laboratory uses a graduated cylinder to measure liquid volume in metric units. Which type of experimental design is this laboratory implementing?

A) Qualitative research
B) Development research
C) Quantitative research
D) Precision research

4. Why is choosing appropriate performance indicators important for data-driven decision-making?

A) They satisfy governmental regulations.
B) They align with an organization's definition of success.
C) They convince employees that they are equally as important as their managers.
D) They are a key part of an organization's rules and bylaws.

5. Two vendors sell a dozen raw materials that a company needs to build its products. Which type of analysis should be used to determine if one of the vendors has a better average price at a given point in time?

A) Graphical analysis
B) Heuristic analysis
C) Data analysis
D) Background analysis

Solutions: