Exam Name: VPC2Data-Driven Decision MakingC207
Certification Provider: WGU
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WGU Data-Driven-Decision-Making Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Regression and Correlation Analysis | - Interpreting correlation and causation - Linear regression modeling |
| Topic 2: Hypothesis Testing | - Null and alternative hypotheses - t-tests, chi-square tests, and significance testing |
| Topic 3: Data Fundamentals and Business Analytics | - Data types and data collection methods - Descriptive statistics (mean, median, variance, standard deviation) |
| Topic 4: Probability and Statistical Inference | - Probability concepts and distributions - Sampling methods and sampling error |
| Topic 5: Decision Making Models | - Decision trees and expected value analysis - Risk and uncertainty in decision-making |
WGU VPC2Data-Driven Decision MakingC207 Sample Questions:
A researcher seeks to pass a bond issue and asks a sample of respondents who have a bachelor's degree if they are voting in favor of the bond because it would be beneficial to the county.
Which type of error does this represent?
- A. Response bias
- B. Selection bias
- C. Confusion of association and causality
- D. Faulty operationalization
Correct Answer: B 🗳️
Explanation: Only visible for PassLeader members. You can sign-up / login (it's free).
What is the primary goal of Six Sigma?
- A. Providing collaborative planning, forecasting, and replenishment
- B. Fostering a commitment to continuous improvement
- C. Demonstrating strong management leadership
- D. Furthering a commitment to the SIPOC process
Correct Answer: B 🗳️
Explanation: Only visible for PassLeader members. You can sign-up / login (it's free).
How does Six Sigma relate to a firm's application of a control chart?
- A. It continually measures processes and outputs.
- B. It produces a balanced scorecard.
- C. It is equivalent to linear programming.
- D. It measures supplier and input reliability.
Correct Answer: A 🗳️
Explanation: Only visible for PassLeader members. You can sign-up / login (it's free).
In an experimental study, researchers are testing a new flea preventive medication on dogs using a blind study. Dogs are treated with the new medication or with a placebo.
Who should know which dogs are given the medication or the placebo for this blind study?
- A. Only the researchers
- B. Neither the researchers nor the dog owners nor the response gatherers
- C. The researchers, the dog owners, and the response gatherers
- D. Only the dog owners
Correct Answer: A 🗳️
Explanation: Only visible for PassLeader members. You can sign-up / login (it's free).
A county government is creating a budget for the next fiscal year. They wish to use analytics to guide their decisions about costs. Which analytic method can the county apply to this issue?
- A. Average cost per project spent by other similar counties
- B. Average number of projects completed
- C. Median number of projects completed last year
- D. Median cost for all county projects
Correct Answer: A 🗳️
Explanation: Only visible for PassLeader members. You can sign-up / login (it's free).
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