Exam Name: VPC2Data-Driven Decision MakingC207
Certification Provider: WGU
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WGU Data-Driven-Decision-Making Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Hypothesis Testing | - t-tests, chi-square tests, and significance testing - Null and alternative hypotheses |
| Probability and Statistical Inference | - Sampling methods and sampling error - Probability concepts and distributions |
| Decision Making Models | - Risk and uncertainty in decision-making - Decision trees and expected value analysis |
| Regression and Correlation Analysis | - Interpreting correlation and causation - Linear regression modeling |
| Data Fundamentals and Business Analytics | - Descriptive statistics (mean, median, variance, standard deviation) - Data types and data collection methods |
WGU VPC2Data-Driven Decision MakingC207 Sample Questions:
According to quality management principles, which two continuous improvement commitments should every individual in an organization make?
Choose 2 answers.
- A. Increasing one ' s effectiveness
- B. Increasing one's independent work process
- C. Increasing expert-level performance objectives
- D. Increasing one ' s skills
Correct Answer: A,D 🗳️
Explanation: Only visible for TestKingIT 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 dog owners
- B. Only the researchers
- C. The researchers, the dog owners, and the response gatherers
- D. Neither the researchers nor the dog owners nor the response gatherers
Correct Answer: B 🗳️
Explanation: Only visible for TestKingIT members. You can sign-up / login (it's free).
A political ballot gives voters the option to vote for one of three candidates. Eight voters cast their ballots.
Which statistical rule should be used to determine the possible voting outcomes?
- A. Multiplication principle
- B. Bayes ' theorem
- C. Combination
- D. Conditional probability
Correct Answer: A 🗳️
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A retail manager collected the following sales-receipt totals from the store's cashiers:
$25, $22, $48, $42, $32, $28, $24, $54, $34, $41, $48
What is the median of this sales-receipt data?
- A. $48
- B. $25
- C. $34
- D. $41
Correct Answer: C 🗳️
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How does a balanced scorecard (BSC) differ from a key performance indicator (KPI)?
- A. A BSC and a KPI are identical except that a BSC is used in business settings, and a KPI is used exclusively by governmental agencies.
- B. A KPI aligns with just one aspect of an organization's success, whereas a BSC allows managers to view performance in several areas.
- C. A BSC aligns with just one aspect of an organization's success, whereas a KPI allows managers to simultaneously view performance in several areas.
- D. A BSC and a KPI are identical except that a BSC is a measurement of metrics over time, and a KPI is a snapshot of success at one point in time.
Correct Answer: B 🗳️
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