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

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Total 123 questions

How does Six Sigma relate to a firm’s application of a control chart?

A.

It measures supplier and input reliability.

B.

It continually measures processes and outputs.

C.

It is equivalent to linear programming.

D.

It produces a balanced scorecard.

A county government must increase trust among voters that their tallying machines are accurately calibrated to count their votes. Each department is tasked with creating an online marketing campaign; however, the budget for these campaigns is limited.

How can the county apply data analytic approaches to allocate funds to each department?

A.

By measuring the number of voter complaints per department

B.

By benchmarking the voter turnout rates in each county

C.

By surveying the county controllers

D.

By surveying employees on polling strategies

A school board has nine voting members. Five members need to be chosen each year for the finance committee. Why should the combination technique be used when selecting committee members?

A.

Because there is a correlation between committee member meeting attendance and selection

B.

Because the selection order of committee members is not important

C.

Because the selection order of committee members is important

D.

Because there is not a correlation between committee member meeting attendance and selection

What is an advantage of a balanced scorecard?

A.

It requires little effort to establish a meaningful dashboard.

B.

It emphasizes strategy and organizational results.

C.

It requires minimal data.

D.

It increases the amount of available data to analyze.

What does big data include?

A.

Both structured and unstructured data

B.

Information that can be analyzed with spreadsheets

C.

Powerful extraction tools

D.

Inferential statistics for large companies

A professional services firm is undergoing a business process improvement exercise to improve productivity, staff morale, and client satisfaction. Management compensation will be tied specifically to improvement in productivity during the fiscal year. Which tool should be used to quantify a measurable standard to help the company track the productivity goal for the fiscal year?

A.

Balanced scorecard

B.

Net promoter score

C.

Results-based management

D.

Key performance indicator

Which type of study is also known as a quasi-experimental study?

A.

Observational study

B.

Blind study

C.

Hypothesis testing

D.

Content validity

Which graphical representation depicts the steps that compose a process?

A.

Histogram

B.

Control chart

C.

Flowchart

D.

Scatterplot

Which process is designed to proactively prevent a problem?

A.

Common cause variation activity

B.

Quality control

C.

Quality assurance

D.

Plan-do-check-act activity

What is a primary objective of the Six Sigma quality management system?

A.

Producing a balanced scorecard

B.

Approaching perfection in manufacturing operations

C.

Establishing ISO 9000 standards for excellence

D.

Providing an organizational roadmap for project managers and operations managers