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WGU Data-Driven-Decision-Making Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Foundations of Data-Driven Decision Making | 20% | - Types of analytics: descriptive, predictive, prescriptive - Role of data in business decisions - Ethics, privacy, and data governance |
| Topic 2: Decision Models & Prescriptive Analytics | 15% | - Decision trees, payoff matrices, expected value - Optimization, sensitivity analysis - Quality & process improvement tools |
| Topic 3: Statistical Concepts & Descriptive Analytics | 25% | - Data types, measurement scales, sampling methods - Measures of central tendency, dispersion, distribution - Data visualization: charts, graphs, dashboards |
| Topic 4: Probability & Statistical Inference | 20% | - Probability rules, distributions, expected value - Correlation vs. causation - Hypothesis testing, p-values, confidence intervals |
| Topic 5: Predictive Analytics & Regression | 20% | - Interpreting coefficients, R-squared, significance - Forecasting & trend analysis - Simple & multiple linear regression |
WGU VPC2Data-Driven Decision MakingC207 Sample Questions:
Which quality management principle should team members apply?
- A. Focus on auxiliary tasks so that as many steps as possible are added to a process.
- B. Train all employees in the managerial process so the organization and employees compete.
- C. Commit to a new style of leadership that lets employees choose what they want to do each day.
- D. Analyze all adjustments made in one part of a system that may affect other parts of the system.
Correct Answer: D 🗳️
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Which process is designed to proactively prevent a problem?
- A. Plan-do-check-act activity
- B. Quality assurance
- C. Quality control
- D. Common cause variation activity
Correct Answer: B 🗳️
Explanation: Only visible for ValidExam members. You can sign-up / login (it's free).
Why are sample sizes important for ensuring statistical significance?
- A. So that accurate conclusions can be confidently applied to larger populations
- B. So that the possibility of researcher bias is eliminated
- C. So that a hypothesis cannot be misinterpreted
- D. So that no additional analysis is required
Correct Answer: A 🗳️
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What is an appropriate management use of statistics?
- A. Ordering product for a region based on one store
- B. Implementing changes based on customer survey response rate
- C. Justifying organizational decisions after they have been implemented
- D. Understanding the demographics of customers
Correct Answer: D 🗳️
Explanation: Only visible for ValidExam members. You can sign-up / login (it's free).
Which tool should be used to closely monitor inputs and outputs?
- A. Individual pro forma statements
- B. Business process diagram
- C. Joint financial statements
- D. SIPOC diagram
Correct Answer: D 🗳️
Explanation: Only visible for ValidExam members. You can sign-up / login (it's free).
