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WGU Data-Driven-Decision-Making Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Probability & Statistical Inference | 20% | - Probability rules, distributions, expected value - Hypothesis testing, p-values, confidence intervals - Correlation vs. causation |
| Predictive Analytics & Regression | 20% | - Simple & multiple linear regression - Interpreting coefficients, R-squared, significance - Forecasting & trend analysis |
| Decision Models & Prescriptive Analytics | 15% | - Decision trees, payoff matrices, expected value - Quality & process improvement tools - Optimization, sensitivity analysis |
| Statistical Concepts & Descriptive Analytics | 25% | - Measures of central tendency, dispersion, distribution - Data visualization: charts, graphs, dashboards - Data types, measurement scales, sampling methods |
| Foundations of Data-Driven Decision Making | 20% | - Ethics, privacy, and data governance - Types of analytics: descriptive, predictive, prescriptive - Role of data in business decisions |
WGU VPC2Data-Driven Decision MakingC207 Sample Questions:
Why would a human resources department use both mean and median when doing a salary evaluation of a department?
- A. A large difference between mean and median shows a miscalculation in the analysis.
- B. A large difference between mean and median shows there are outliers to assess.
- C. A large difference between mean and median shows that some employees need raises.
- D. A large difference between mean and median shows an abnormal standard deviation.
Correct Answer: B 🗳️
Explanation: Only visible for Actual4Exams members. You can sign-up / login (it's free).
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 🗳️
Explanation: Only visible for Actual4Exams members. You can sign-up / login (it's free).
A nonprofit organization ran a fundraiser and would like to determine the amount of a typical donation.
Which statistic is less affected by outliers and skewed data and should be used to determine the amount of a typical donation?
- A. Mean
- B. Median
- C. Z-score
- D. Mode
Correct Answer: B 🗳️
Explanation: Only visible for Actual4Exams members. You can sign-up / login (it's free).
Which performance metric simultaneously accounts for financial, customer, internal process, and learning metrics?
- A. Balanced scorecard
- B. Customer complaint report
- C. Income statement
- D. Balance sheet
Correct Answer: A 🗳️
Explanation: Only visible for Actual4Exams members. You can sign-up / login (it's free).
Amusement Park W is in California. Amusement Park X is in Texas. A survey asks 1,000 people living in California if they prefer Amusement Park W or X.
Which problem exists with this survey?
- A. Measurement bias
- B. Random error
- C. Systematic error
- D. Information bias
Correct Answer: C 🗳️
Explanation: Only visible for Actual4Exams members. You can sign-up / login (it's free).
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