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

WGU VPC2Data-Driven Decision MakingC207 Sample Questions:

1. Why are sample sizes important for ensuring statistical significance?

A) So that a hypothesis cannot be misinterpreted
B) So that the possibility of researcher bias is eliminated
C) So that accurate conclusions can be confidently applied to larger populations
D) So that no additional analysis is required

2. 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) Break-even analysis
D) Regression

3. Which quality management principle should team members apply?

A) Analyze all adjustments made in one part of a system that may affect other parts of the system.
B) Focus on auxiliary tasks so that as many steps as possible are added to a process.
C) Train all employees in the managerial process so the organization and employees compete.
D) Commit to a new style of leadership that lets employees choose what they want to do each day.

4. What is the basic difference between evaluating costs and benefits in the public and private sectors?

A) The benefits of public projects are easily quantifiable.
B) Private projects generate considerable revenue.
C) The benefit of private projects is general public welfare.
D) The costs associated with public projects are minimal.

5. 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) R-squared
C) Z-score
D) T-statistic

Solutions: