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WGU Data-Driven-Decision-Making Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Predictive Analytics & Regression | 20% | - Interpreting coefficients, R-squared, significance - Forecasting & trend analysis - Simple & multiple linear regression |
| Topic 2: 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 3: Decision Models & Prescriptive Analytics | 15% | - Decision trees, payoff matrices, expected value - Optimization, sensitivity analysis - Quality & process improvement tools |
| Topic 4: Statistical Concepts & Descriptive Analytics | 25% | - Data types, measurement scales, sampling methods - Measures of central tendency, dispersion, distribution - Data visualization: charts, graphs, dashboards |
| Topic 5: Probability & Statistical Inference | 20% | - Probability rules, distributions, expected value - Correlation vs. causation - Hypothesis testing, p-values, confidence intervals |
WGU VPC2Data-Driven Decision MakingC207 Sample Questions:
1. 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.
2. 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
3. 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
4. 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
5. 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
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: D | Question # 5 Answer: D |
