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WGU Data-Driven-Decision-Making - VPC2 Data-Driven Decision Making C207

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Total 123 questions

Which two results occur when the null hypothesis is accepted using an F-test?

Choose 2 answers.

A.

The test statistic is less than the critical value.

B.

The test statistic is greater than the critical value.

C.

There appears to be a difference between the two samples.

D.

There appears to be no difference between the two samples.

An electronics retailer was presented with in-store signage in two formats. Each branch of the store used the signage that matched its location. An analysis was performed to compare means on sales. Which type of variable do the sales represent?

A.

Independent variable

B.

Target variable

C.

Dependent variable

D.

Criterion variable

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

A.

Determining the different market segments for its drills

B.

Determining whether the weight of selected drills is within a tolerable range

C.

Forecasting future consumer demand for its drills

D.

Implementing collaborative planning forecasting and replenishment

Which process is considered a statistical process control activity?

A.

Determining if the precision of a manufactured product is within a tolerable range

B.

Evaluating consumer complaints about manufacturing defects

C.

Aligning marketing strategy with manufacturing capabilities

D.

Forecasting future consumer demand for a new product

A county government wants to start a cost-effective recycling program. How can the county apply data analytic approaches to attain this goal?

A.

By analyzing budgetary impacts of county contracts

B.

By aligning fund allocations with the number of department employees

C.

By benchmarking similar strategies of other counties

D.

By conducting best practices research regarding audit performance

How is a cause-and-effect diagram used?

A.

To assign blame for manufacturing problems

B.

To brainstorm possible root causes for an intermittency problem

C.

As a financial risk calculation tool for a new product release

D.

As a software tool to automatically generate a business process diagram