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WGU Data-Driven-Decision-Making Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Business Intelligence and Analytics | - Key Performance Indicators (KPIs) - Dashboards and Reporting - Data Mining Concepts - Predictive Analytics Basics |
| Topic 2: Decision-Making Frameworks | - Risk Analysis and Assessment - Rational Decision Models - Evidence-Based Decision Making - Cost-Benefit Analysis |
| Topic 3: Data Analysis Fundamentals | - Data Types and Measurement Scales - Data Quality and Cleaning - Data Visualization Techniques - Descriptive Statistics |
| Topic 4: Data-Driven Culture and Communication | - Presenting Data Insights - Stakeholder Communication - Building Data-Informed Organizations - Ethical Considerations in Data Use |
WGU VPC2Data-Driven Decision MakingC207 Sample Questions:
A company runs a regression analysis to determine sales based on advertising expenditures, which can be shown in a linear equation as y = 2x + 25,000. The company plans to spend $20,000 on advertising.
Which sales figure should the company expect to generate based on the given equation?
- A. $65,000
- B. $75,000
- C. $40,000
- D. $50,000
Correct Answer: A 🗳️
Explanation: Only visible for Actual4Exams members. You can sign-up / login (it's free).
A hospital is restructuring its business and administrative functions.
Which component of service delivery could be analyzed with a data analytics approach to help determine whether the hospital is adequately staffed for each shift?
- A. Staff education levels
- B. Patient satisfaction levels
- C. Staff productivity levels
- D. Patient-to-staff ratios
Correct Answer: D 🗳️
Explanation: Only visible for Actual4Exams members. You can sign-up / login (it's free).
Management uses a net promoter score.
What can management determine using this performance measurement?
- A. Quality assurance benchmarks
- B. Quantifiable goals to gauge employee progress
- C. The likelihood a customer will recommend the company
- D. Financial and nonfinancial information
Correct Answer: C 🗳️
Explanation: Only visible for Actual4Exams members. You can sign-up / login (it's free).
An analyst used multiple linear regression to show how a big box store's sales (y) are predicted by the big box store's advertising expenditure in dollars (variable x1) and the advertising expenditure in dollars of a specialty store (variable x2) in the same market. The estimated regression is y = 651.57 + 92.30x1 # 26.89x2. How are advertising expenditures and sales related in this scenario?
- A. If the big box store increases its advertising expenditures, its sales will decrease.
- B. If the big box store decreases its advertising expenditures, its sales will increase.
- C. If the big box store decreases its advertising expenditures, it will decrease the big box store's sales.
- D. If the specialty store increases its advertising expenditures, it will decrease the big box store's sales.
Correct Answer: D 🗳️
Which two types of graphs illustrate and analyze measurements or trends over time?
Choose 2 answers.
- A. Check sheet
- B. Pareto chart
- C. Run chart
- D. Control chart
Correct Answer: C,D 🗳️
Explanation: Only visible for Actual4Exams members. You can sign-up / login (it's free).
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