Exam Code: Data-Driven-Decision-Making
Exam Name: VPC2Data-Driven Decision MakingC207
Certification Provider: WGU
Corresponding Certification: Courses and Certificates
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WGU Data-Driven-Decision-Making Exam Syllabus Topics:

SectionObjectives
Data Analysis Fundamentals- Data Visualization Techniques
- Data Quality and Cleaning
- Data Types and Measurement Scales
- Descriptive Statistics
Decision-Making Frameworks- Rational Decision Models
- Cost-Benefit Analysis
- Risk Analysis and Assessment
- Evidence-Based Decision Making
Data-Driven Culture and Communication- Building Data-Informed Organizations
- Presenting Data Insights
- Stakeholder Communication
- Ethical Considerations in Data Use
Business Intelligence and Analytics- Data Mining Concepts
- Predictive Analytics Basics
- Key Performance Indicators (KPIs)
- Dashboards and Reporting

WGU VPC2Data-Driven Decision MakingC207 Sample Questions:

Which tool is often referred to as a fishbone chart or diagram?

  • A. Scatter diagram
  • B. Cause-and-effect diagram
  • C. Histogram
  • D. Flowchart
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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What is a statistical process control procedure for a drill manufacturer?

  • A. Forecasting future consumer demand for its drills
  • B. Determining the different market segments for its drills
  • C. Implementing collaborative planning forecasting and replenishment
  • D. Determining whether the weight of selected drills is within a tolerable range
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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What is the basic difference between evaluating costs and benefits in the public and private sectors?

  • A. The costs associated with public projects are minimal.
  • B. Private projects generate considerable revenue.
  • C. The benefits of public projects are easily quantifiable.
  • D. The benefit of private projects is general public welfare.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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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 specialty store increases its advertising expenditures, it will decrease the big box store's sales.
  • C. If the big box store decreases its advertising expenditures, it will decrease the big box store's sales.
  • D. If the big box store decreases its advertising expenditures, its sales will increase.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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What is an appropriate management use of statistics?

  • A. Understanding the demographics of customers
  • B. Justifying organizational decisions after they have been implemented
  • C. Implementing changes based on customer survey response rate
  • D. Ordering product for a region based on one store
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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