WGU Courses and Certificates Data-Driven-Decision-Making

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WGU Data-Driven-Decision-Making Exam Syllabus Topics:

WGU VPC2Data-Driven Decision MakingC207 Sample Questions:

1. An entrepreneur wants to start a boutique cupcake business based on family recipes shared for three generations. The entrepreneur knows the required costs associated with rent, supplies, utilities, and hourly wages and wants to determine how many cupcakes they need to sell to generate a profit.
Which technique should be used to analyze this data?

A) T-test
B) Crossover analysis
C) Regression
D) Break-even analysis

2. Which performance metric simultaneously accounts for financial, customer, internal process, and learning metrics?

A) Balance sheet
B) Income statement
C) Customer complaint report
D) Balanced scorecard

3. A nonprofit organization is asking for donations. It hopes to design an email campaign that will ensure it receives at least $50,000. The campaign will reach 10,000 donors and receive donations with a mean of $10 and a standard deviation of $5.
Which measure should be used to determine the probability of the campaign receiving $50,000?

A) Median
B) T-statistic
C) Z-score
D) R-squared

4. What classifies analytics as descriptive, predictive, or prescriptive?

A) The data validity and reliability
B) The kind of software used for the analysis
C) The sample size and analysis technique used
D) The purpose and methods

5. A bakery owner would like to know how many cakes to sell for monthly profit to equal zero. Which analysis method should the owner perform?

A) T-test
B) ANOVA
C) Crossover
D) Break-even

Solutions: