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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: Decision Making Models | - Risk and uncertainty in decision-making - Decision trees and expected value analysis |
| Topic 3: Hypothesis Testing | - t-tests, chi-square tests, and significance testing - Null and alternative hypotheses |
| Topic 4: Data Fundamentals and Business Analytics | - Data types and data collection methods - Descriptive statistics (mean, median, variance, standard deviation) |
| Topic 5: Probability and Statistical Inference | - Sampling methods and sampling error - Probability concepts and distributions |
WGU VPC2Data-Driven Decision MakingC207 Sample Questions:
1. Which quality management principle should team members apply?
A) Commit to a new style of leadership that lets employees choose what they want to do each day.
B) Train all employees in the managerial process so the organization and employees compete.
C) Analyze all adjustments made in one part of a system that may affect other parts of the system.
D) Focus on auxiliary tasks so that as many steps as possible are added to a process.
2. A sample of 1,020 people was asked how many minutes they exercise on a typical day. The data were plotted and determined to be skewed left with a mean of 44.75 minutes.
Which boxplot correctly graphs this data?
A) Option B
B) Option C
C) Option D
D) Option A
3. A clothing company wants to predict sales figures based on the amount spent on advertising.
Which type of regression analysis should this company use?
A) Multiple linear regression
B) Time series regression
C) Linear regression
D) Logistic regression
4. 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) Median
B) Bell curve
C) Mean
D) Scatterplot
5. An entrepreneur wants to start a boutique cupcake business based on family recipes shared for three generations. The entrepreneur knows the required costs associated with rent, supplies, utilities, and hourly wages and wants to determine how many cupcakes they need to sell to generate a profit.
Which technique should be used to analyze this data?
A) T-test
B) Regression
C) Break-even analysis
D) Crossover analysis
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: C |
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